Goldman Warns Oil Could Hit $120 as Hormuz Crisis Chokes Global Supply

Brent crude is trading in the low $90s as Iran attacks on tankers and Houthi threats have cut Persian Gulf oil flows to below 45% of pre-war levels, with Goldman Sachs warning prices could exceed $120 per barrel if the Strait of Hormuz remains disrupted into 2027. The choking of the world's most critical energy artery — carrying roughly 20% of global oil — signals the kind of economic instability and geopolitical convulsion the Bible associates with the lead-up to the end times. Scripture warns of widespread economic hardship in the last days, and the convergence of Middle East war, energy disruption, and rising costs echoes the conditions described in Revelation's third seal, where scarcity and economic collapse follow global conflict.