Goldman Sachs says the largest oil shock in history, triggered by the war in the Middle East, is weighing more heavily on refined products such as diesel and jet fuel than on crude oil itself. The bank circulated the assessment on March 17, 2026. Goldman Sachs analysts noted that product markets are showing greater stress than the crude market, with diesel and aviation fuel cited as the most affected segments. The briefing summary did not include specific price projections. The note highlights a differentiated impact across the oil value chain and underscores the relative vulnerability of fuel products versus crude. #GoldmanSachs #oil #diesel #jetfuel #FiatNews