Rubio Just Rejected Iran's Hormuz Deal. Goldman Says Brent Hits $90 In Q4 Anyway.
Rubio told Fox News on April 27 the US won't tolerate Iran setting tolls on Hormuz. Goldman lifted Q4 Brent to $90.
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US Secretary of State Marco Rubio rejected Iran's proposal to reopen the Strait of Hormuz in exchange for lifting the American naval blockade in a Fox News interview that aired Monday, April 27, 2026. Washington will not accept any framework that lets Tehran charge tolls on what Rubio called an international waterway. Goldman Sachs raised its Q4 Brent forecast to $90 in an April 26 note cited by Bloomberg, attributing the move to 14.5 million barrels per day of Persian Gulf production losses. Brent climbed as much as 2.5% to $107.97 intraday on April 27, according to Bloomberg. The US gasoline average reached $4.099 per gallon as of April 26, AAA reports. By Gosships analysis, Rubio's rejection sustains Goldman's $30 Q4 premium for at least two more months.
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→ April 27: Rubio Rejects Iran Hormuz Proposal (Fox News)
→ April 26: Goldman Sachs Raises Q4 Brent Forecast To $90/Barrel From $80 (Goldman Via Bloomberg)
→ 14.5 Million: Barrels Per Day Of Persian Gulf Crude Production Losses (Goldman)
→ April 27: Brent Climbed 2.5% To $107.97/Barrel Intraday (Bloomberg)
→ April 26: AAA National Gasoline Average $4.099/Gallon (AAA)
🛢️ The Story
In a Fox News interview with Chief Foreign Correspondent Trey Yingst on April 27, 2026, Secretary of State Marco Rubio rejected Iran’s proposal to reopen the Strait of Hormuz in exchange for the US lifting its naval blockade and ending the war. Rubio characterized the Iranian framework with the line “we’ll blow you up and you pay us,” CNBC reported. He underscored the legal status of the strait directly: “Those are international waterways.” On the central question, Rubio rejected the premise that Iran can decide passage rights or impose tolls.
The rejection followed an Axios report, flagged by the Times of Israel on April
