Goldman Says Hormuz Oil Flows at Two-Thirds of Pre-War Levels

Oil flows through the Strait of Hormuz have recovered to around two-thirds of pre-war levels, limiting the Iran war’s impact on global crude prices, according to Goldman Sachs Group Inc.

By Yongchang Chin · Bloomberg Markets

Oil flows through the Strait of Hormuz have recovered to around two-thirds of pre-war levels, limiting the Iran war’s impact on global crude prices, according to Goldman Sachs Group Inc.