Oil Price Forecast: Crude Tests $94 As Tankers Burn, Iran Threatens $200 - Exchange Rates UK

Oil Price Forecast: Crude WTI Surges Toward $100 After Explosive Rally - Exchange Rates UK

Pound To Dollar Forecast: GBP/USD Under Pressure As Oil Tops $100 - Exchange Rates UK

US Dollar: Iran War Risk And Tariff Ruling Set Up Big Move - Exchange Rates UK

Goldman Sachs Oil Price Forecast: $76–$93 Fair Value If Hormuz Disruption Continues - Exchange Rates UK

The desk interprets Goldman Sachs' recent oil price forecast, suggesting a fair value range of $76 to $93 per barrel, contingent on ongoing disruptions in the Strait of Hormuz. Per the full note [source], this range reflects heightened geopolitical risks that could significantly impact supply dynamics. The desk notes that current oil prices hovering around $85 are approaching the upper end of this forecast, indicating potential volatility ahead. With no major economic events on the calendar, traders should remain vigilant to geopolitical developments that could sway oil prices and, by extension, currency markets.