Business

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

BBC News Business · 18 September 2026 at 18:57

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

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

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