Will Brent crude oil price stay above $100 for years amid US-Iran war? Goldman Sachs oil price forecast signals a prolonged surge as supply risks intensify. Oil prices already crossed $110 recently, with Brent near $104 and WTI around $95, reflecting tight supply. Nearly 20% of global oil flows through the Strait of Hormuz, which remains disrupted for weeks. Goldman Sachs warns prices could stay above $100 through 2027 if supply losses persist. Ongoing Middle East tensions, damaged infrastructure, and slow production recovery are key drivers. Even optimistic scenarios suggest volatility will continue before any meaningful price easing.