Goldman Sachs has updated their forecast for Brent Crude oil, given the developments in the Middle East conflict. Pardon the pun, but these forecasts are fluid and should be used with caution. However, they do offer insight into the severity of the situation. Benign (Optimistic) Outcome: oil flows through the Strait of Hormuz fully recover by Mid-June, with no lasting impacts on production or delivery. Brent crude finishes 2026 below $80/barrel. Base Case (most-likely outcome): oil flows fully recover by…