Brent crude could climb as high as $110 per barrel if Iran blocks the Strait of Hormuz, according to a new report by Goldman Sachs.
The investment bank projects this scenario could unfold if oil shipments through the critical waterway are halved for a month and remain 10 percent below average for
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Faith Esifiho
Faith Esifiho is an Energy correspondent at BusinessDay, covering Nigeria's electricity sector, oil and gas industry, and energy policy.
She reports on power outages, electricity tariffs, gas sector reforms, and the broader challenges facing the country's energy transition.
She specializes in data-led reporting and human-angle stories that examine how energy policies affect everyday Nigerians and also tracks trends in the power sector, analyses regulatory changes, and investigates the impact of subsidy reforms and pricing policies.
