Goldman Sachs: If US Iran negotiations continue, Persian Gulf oil supply is expected to resume by the end of July

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Goldman Sachs predicts that if the 60 day negotiations continue and Iran's oil exemption is restored, oil flow in the Persian Gulf will resume by the end of July, requiring an additional 6.6 million barrels per day of transportation in the Strait of Hormuz. If negotiations break down and oil tankers are attacked and upgraded, while the United States imposes a blockade on Iranian oil, Persian Gulf flow may decrease. Jin Shi

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