GOLDMAN: OIL MAY HIT DEMAND-DESTRUCTION LEVELS SOONER Goldman Sachs warns that with Strait of Hormuz shipments down 90%, removing ~18% of global oil supply, prices may need to rise to demand-destruction levels faster than historical models suggest. Key points: 🔸Brent briefly topped $100/bbl, settling near $99; WTI near $96. 🔸Middle East pipeline redirection is only 25% effective; shippers mostly in “wait-and-see” mode. 🔸Qatari LNG disruption could last longer, pushing 2Q26 TTF gas forecasts to $22/mmBtu. 🔸Energy equities see sharp dispersion, with U.S., European, and Asian oil/gas stocks reacting to higher crude and refined product prices.(*Walter Bloomberg)