Macro Finance
'We simply don't know' - JP Morgan struggling to forecast oil prices due to US-Iran war
BBC Business·September 18, 2026·1 min read
JP Morgan admitted it cannot forecast oil prices amid the US-Iran war, stating it 'simply doesn't know' the outcome. The bank assumed economic red lines, such as oil hitting $100 a barrel, that the US would avoid crossing. This uncertainty reflects the volatile geopolitical situation and its impact on global energy markets.
Read at BBC BusinessDaily crypto arcade
Read the news, then play it.
Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.