1. Goldman Sachs Warns of New Oil Price Equilibrium as Hormuz Risk Rises and US Shale Peaks
Goldman Sachs is signaling a major inflection point for global energy markets, driven by escalating geopolitical risk and structural supply constraints. Michele Della Vigna, the bank's head of EMEA natural resources research, warns that the Strait of Hormuz is becoming "more risky" while US shale production is "peaking...