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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 News
'We simply don't know' - JP Morgan struggling to forecast oil prices due to Trump's war with IranWorldPing
Image via BBC News.

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 News and published Fri, 18 Sep 2026 17:57:30 UTC.

Why it matters

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What to watch next

  • Official statements or denials from the governments named
  • Whether other major newsrooms confirm the same details
  • Any follow-up decision, vote or deadline tied to the event

Coverage timeline

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

  1. Macron convenes French party leaders as soaring energy prices put focus on wars in Iran and Ukraine

  2. Record fuel prices across EU prompt calls for bloc-wide windfall tax on firms

  3. JPMorgan, Citigroup CEOs attending Trump's state dinner for China's Xi: Sources

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

  5. Ticket prices rise for Macklemore solo concert after Ed Sheeran tour removal

  6. Sugar retail prices down 10% ahead of festive season, govt eases stock cap

Sources

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

Read the full report at BBC News

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