# 'We simply don't know': JP Morgan struggles to forecast oil prices amid Trump's Iran war

https://mins.news/en/item/64859

- BBC News, 2026-09-18 17:57 UTC
- Economy
- Original: https://www.bbc.co.uk/news/articles/cq0m3gmv8n7ko?at_medium=RSS&at_campaign=rss

> JPMorgan says it is struggling to model how the US-Iran war will affect oil prices, admitting it has no baseline view of the conflict’s endgame. The bank had assumed economic red lines would prompt a deal to reopen the Strait of Hormuz, but several thresholds have now been crossed while the exit strategy remains unclear.

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- [JPMorgan says oil market outlook unclear as Iran conflict drags on](https://mins.news/en/item/63440) — Reuters, 2026-09-17