Goldman Says Hormuz Oil Flows May Recover to Only 70% After War

Goldman Sachs predicts that oil flows through the Strait of Hormuz might only return to 70% of their pre-war levels, emphasizing that regional producers are increasingly using alternative routes. This has significant implications for global oil markets, as the Strait is a critical passage for over 20% of the world's oil supply. The findings suggest ongoing challenges in fully restoring pre-conflict levels of flow, which could influence energy prices and supply chain dynamics worldwide.