Goldman Says Hormuz Oil Flows May Recover to Only 70% After War (opens original article in a new tab)

Goldman Sachs forecasts that oil flows through the Strait of Hormuz may only recover to 70% of pre-war levels, as regional producers utilize alternative routes to maintain exports. The UAE is working on plans to reduce its reliance on the strait, while Kuwait explores pipeline alternatives for crude exports.

• Goldman Sachs predicts Hormuz oil flows may recover to only 70% of pre-war levels
• Regional producers are using alternative routes to maintain oil exports
• UAE plans to reduce dependence on the Strait of Hormuz