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'We simply don't know' - JP Morgan struggling to forecast oil prices due to Trump's war with Iran

The bank said it "assumed" there would be economic red lines, like oil at $100 a barrel, that the US would be unwilling the cross.

1 report1 sourceSep 18, 2026, 5:57 PM
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BBC NewsSep 18, 2026, 5:57 PM

'We simply don't know' - JP Morgan struggling to forecast oil prices due to Trump's war with Iran

The bank said it "assumed" there would be economic red lines, like oil at $100 a barrel, that the US would be unwilling the cross.

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