Brent crude climbed above $107 as U.S. stocks and bonds declined, the S&P 500 recorded its longest losing streak since June and Treasury yields reached multiyear highs. Gulf shipping disruptions and dramatically lower vessel movements through the Strait of Hormuz have prompted Goldman Sachs, Citi, UBS, Barclays and J.P. Morgan to raise oil-price forecasts, with Goldman citing expectations that disruptions will persist into next year. Market pricing assigns a 3.1% probability of crude reaching a new all-time high by Sept. 30, up from 2% a week earlier, and a 14% probability by Dec. 31. Investors are monitoring OPEC actions, Middle East geopolitics, sanctions, conflicts, global demand and supply, Energy Information Administration updates, and reports of major discoveries or disruptions.