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Goldman Sachs cuts oil-price forecasts after Trump announced a preliminary deal that, once signed on Friday, would lift the US blockade and reopen the Strait of Hormuz. While details remain unclear, Goldman now assumes Persian Gulf exports will norma

2026-06-16

Goldman Sachs cuts oil-price forecasts after Trump announced a preliminary deal that, once signed on Friday, would lift the US blockade and reopen the Strait of Hormuz. While details remain unclear, Goldman now assumes Persian Gulf exports will normalize to pre-conflict levels by end-July (previously end-August). It lowered its Brent forecast for Q4 2026 to $80/bbl (from $90) and its 2027 average to $75/bbl (from $80). Goldman projects average WTI of $75/bbl in Q4 2026 and $70/bbl in 2027.

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2026-06-16

MSNBC: U.S. Vice President Vance said under a memorandum of understanding nuclear inspectors will return to Iran. A core element of the agreement is that the IAEA and the U.S. will assist Iran in destroying its stockpile of highly enriched uranium.

MSNBC: U.S. Vice President Vance said under a memorandum of understanding nuclear inspectors will return to Iran. A core element of the agreement is that the IAEA and the U.S. will assist Iran in destroying its stockpile of highly enriched uranium.
2026-06-16

U.S. President Trump said the agreement can still hold even if Israel attacks Lebanon.

U.S. President Trump said the agreement can still hold even if Israel attacks Lebanon.
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