Goldman Sachs: Middle East shipping disruptions may push oil prices up to $120, recommends long natural gas and diesel

Goldman Sachs stated that if shipping attacks increase in the Middle East, oil prices may rise to $120, and if exports return to normal, the oil price target is $80. Goldman Sachs' co head of global commodity research, Struvin, suggests investors hedge geopolitical risks by going long on European natural gas and refined oil products. Jin Shi