Hormuz Woes Seen Lingering Into Second Half, Goldman Poll Shows

Wall Street is growing more convinced that shipping through the Strait of Hormuz will remain impaired into the second half of the year, highlighting expectations for a longer-lasting supply shock.

A majority of surveyed investors expect flows through Hormuz to be disrupted beyond the end of June, and 43% of respondents don’t expect shipping to return to normal until after July, according to a poll by Goldman Sachs Group Inc. A third of respondents expect Brent crude to finish this year between $80 and $90 a barrel, Goldman’s Marquee MarketView survey showed.

An impasse in ...