BRIEF-Goldman Sachs Expects Persian Gulf Flows To Recover By End of July If U.S.-Iran Talks Continue

Goldman Sachs Group, Inc.

Goldman Sachs Group, Inc.

GS

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July 9 (Reuters) - GOLDMAN SACHS GS.N:

  • EXPECTS PERSIAN GULF FLOWS TO RECOVER BY END-JULY IF 60-DAY TALKS CONTINUE AND IRAN OIL WAIVER IS REINSTATED; WOULD REQUIRE 6.6 MB/D RAMP-UP IN HORMUZ

  • SAYS IF THE NEGOTIATIONS FAIL AND ATTACKS ON TANKERS ESCALATE ALONG WITH A POTENTIAL US BLOCKADE OF IRANIAN OIL, PERSIAN GULF FLOWS MAY DECREASE FURTHER


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