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Goldman Sachs doubles down on oil and economy message for 2026
Key takeaways
- Base chemicals have risen faster than at any point on record.
- Asian petrochemical plants are declaring force majeure.
- The headline finding will surprise investors who have been bracing for the worst.
Goldman Sachs doubles down on oil and economy message for 2026 Hillary Remy Tue, June 2, 2026 at 12:47 AM GMT+7 6 min read GS CL=F Three months into the Iran War, vessel traffic through the Strait of Hormuz is still running more than 90% below normal levels. Base chemicals have risen faster than at any point on record.
Asian petrochemical plants are declaring force majeure. And Goldman Sachs just published its most detailed assessment yet of what a prolonged supply disruption actually means for the global economy.
The headline finding will surprise investors who have been bracing for the worst.
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