Goldman Sachs: The oil market lacks confidence in the effectiveness of US escort measures

Golden Ten Data, March 6 – Goldman Sachs stated that the crude oil market does not have much confidence in whether the security measures taken by the United States in the Strait of Hormuz to protect oil tankers and LNG carriers can resolve the current issues. Samantha Dart, co-head of Goldman Sachs Global Commodities Research, said: "Given the large number of tankers, there are doubts about the feasibility of naval escorts for the vessels." She also pointed out that there are concerns about the effectiveness of escort teams in responding to drone attacks.