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Goldman Sachs: New Pipelines Could Divert 45% of Strait of Hormuz Oil by 2027 and 60% by 2028 — Iran’s Oil Leverage Nears Irrelevance - Energy News Beat

Energy News Beat Original article ›
LyrArc Article Gist
Goldman Sachs Analysis on replacing Hormuz oil supplies so that the world can focus on pressing domestic issues for China, India, EU, US,  Africa, Asia and Latin America. This Analysis is detailed on the source of new oil supplies outside of Hormuz in each specific region. This does not include renewable energy target acceleration in EU, India US and China, and does not include the 4 million barrels a day China is replacing with its own alternative supplies from its reserves, coal and renewables. It also does not include the 3 million barrels a day from Venezuelan ramp up. The total picture is shown in the Lyrarc.com report alongside this article.



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