March 5 (Reuters) – A temporary surge in oil prices to $100 per barrel could slow global growth by 0.4 percentage point, Goldman Sachs analysts said on Thursday, as a widening conflict in Iran chokes off vital Middle East oil and gas flows.
Under its baseline forecast, Goldman expects oil prices to increase a bit further before moderating to $76 per barrel on average in the first quarter of 2026 and $65 in the fourth quarter.
In an upside scenario, it expects oil prices to rise to about $100 per barrel, before normalizing over the course of 2026.
(Reporting by Akriti Shah and Siddarth S in Bengaluru; Editing by Sriraj Kalluvila)
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