'We simply don't know' - JP Morgan struggling to forecast oil prices due to Trump's war with Iran
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Source: BBC News
Published: 2026-09-19 03:57 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Europe, Military & Defence, Iran, Energy, Elections, World News, US Politics, Business & Economy, War & Conflict
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Snippet:
Investment banking giant JP Morgan has said it is struggling to predict how oil prices will be impacted by the US-Iran war, telling investors in a rare note that "we simply don't know how to model the endgame".
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