# Brent crude oil prices are likely to stay above $100 per barrel for the rest of 2026 if the Strait of Hormuz stays shut for another month.

*business · news · 2026-04-10 · Benzinga*

## Key points

- Goldman Sachs predicts Brent crude could average $120 per barrel in Q3 if Hormuz stays shut.
- If the Strait of Hormuz reopens soon, Goldman Sachs forecasts Brent crude at $82 per barrel in Q3.
- Iran plans to charge tolls for vessels transiting the Strait of Hormuz, escalating tensions.
- All vessel transits through Hormuz currently require coordination with Iranian armed forces.
- High-level U.S. and Iranian officials will meet in Islamabad to negotiate a lasting peace deal.

**Companies:** Goldman Sachs
**Countries:** Iran, United States, Pakistan

[Read the full story on Benzinga](https://www.benzinga.com/analyst-stock-ratings/analyst-color/26/04/51750505/brent-to-stay-above-100-through-2026-if-hormuz-closure-drags-on-another-month-warns-goldman-sachs)

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