‘We simply don’t know’ – JP Morgan struggling to forecast oil prices due to Trump’s war with Iran

BBC Business | Fri, 18 Sep 2026 17:57:30 GMT

Trump’s tensions rise,
Oil barrels bound for a surge,
JPM sees blind paths.

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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