AN ANALYST at Goldman
Sachs has predicted that
oil prices could rise to
between US$150-US$200
a barrel within two years.
He told the UK’s
Economist three years
ago that oil would breach
US$100 a barrel.
Trickle traffic through the Strait of Hormuz, hugging the Iranian coastline at Qeshm and the islands of Hormuz and Larak, has brought no significant change to the closed-off waterway.Source: Research Gate