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

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: BBC Business
'We simply don't know' - JP Morgan struggling to forecast oil prices due to Trump's war with IranWorldPing
Image via BBC Business.

What happened

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.

Key facts

  • 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.
  • Reported by BBC Business and published Fri, 18 Sep 2026 17:57:30 UTC.

Why it matters

Economic releases and corporate results feed directly into rate expectations, currency moves and equity pricing, so the detail here often matters more to markets than the headline itself.

What to watch next

  • Revisions to the initial figures once fuller data is released
  • How rate expectations and index futures respond
  • Guidance or commentary from the companies and policymakers involved

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Marks and Spencer’s first LFW catwalk gamble pays off with compelling looks at affordable prices

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

Sources

The original report was published by BBC Business. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at BBC Business

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