‘We Highly Recommend Not Riding This One Out’: As Oil Passes $80, Goldman Reiterates Commodities Case

‘We Highly Recommend Not Riding This One Out’: As Oil Passes $80, Goldman Reiterates Commodities Case

Good news for Riyadh: Brent hit $80 on Thursday for the first time since 2014, which puts prices in line with what some in the Kingdom have reportedly been aiming at. This of course comes amid more sanctions on Iran and an increasingly aggressive approach towards Hezbollah, with Treasury blacklisting Hassan Nasrallah on Wednesday a day after sanctioning Iran's central bank governor. Although John Bolton's "Libya model" comments are likely to end up getting him sidelined in negotiations with
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