Goldman Sachs' commodities research team predicts that high oil prices are likely to persist for an extended period. Goldman Sachs currently expects oil flows through the Strait of Hormuz to remain at a low of 5% of normal levels for up to six weeks before gradually returning to normal. Furthermore, given the increased focus on the risks posed by high production concentration and idle capacity, strategic reserves are expected to see structural growth, leading to a long-term price increase. Goldman Sachs now projects an average Brent crude oil price of $85 per barrel in 2026, up from its previous forecast of $77 per barrel. (Jinshi)