JP Morgan says it cannot model oil-price endgame from US-Iran war
JP Morgan has said it is struggling to forecast how oil prices will move as the US-Iran war continues, telling investors that it "simply don't know how to model the endgame". The bank said it had initially assumed the conflict would be constrained by economic limits and that a deal would reopen the Strait of Hormuz shipping lane by June. Instead, it said the conflict has extended beyond those expectations, leaving its baseline view uncertain.In its note, the bank pointed to a set of thresholds it had expected would act as red lines for the Trump administration. Those included oil... [Continue Reading]
360LiveNews | 18 Sep 2026 20:33 LONDON
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