Goldman Sachs has sharply revised its oil price forecasts for 2026, projecting that Brent crude will average $85 a barrel this year — up from an earlier estimate of $77 — as the prolonged disruption of flows through the Strait of Hormuz inflicts what the bank describes as the largest supply shoc
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Oluwatosin Ogunjuyigbe is a writer and journalist who covers business, finance, technology, and the changing forces shaping Nigeria’s economy. He focuses on turning complex ideas into clear, compelling stories.

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