GS: What is the Upside Risk to Oil (Now and Later) if Iran Closes the Strait?

Breaking Down theAnalysis

Geopolitical Tensions Inject New Risk Premium

"We estimate that Brent jumps to a peak of around $110/bbl in the event of a 50% disruption in Strait of Hormuz flows." -Goldman Sachs

The aftermath of these things is what kills you energy-wise -GoldFix