Goldman Sachs said there is a lack of confidence in the market about the US escort measures for oil.

date
06/03/2026
Goldman Sachs Group said that the market does not have much confidence in whether escorting oil and gas tankers through the Strait of Hormuz can solve the current situation. "The feasibility of providing naval escorts for ships is in question due to the large number of tankers," said Samantha Dart, co-head of global commodities research at Goldman Sachs, in an interview. Investors are also concerned about the effectiveness of escort measures in defending against drone attacks. Dart said that this estimate is based on the assumption that oil flow through the Strait of Hormuz will be at a very low level for about five days, followed by a gradual recovery period of about a month. She also stated that if the strait remains blocked for five weeks, Brent prices could rise to above $100 per barrel.