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

BBC BusinessFriday, September 18, 2026 at 5:57 PM

RedScroll Brief

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

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.

RedScroll Signal

Impact
High
Category
Business
Regions
Middle East
Market relevance
High
Why it matters
Corporate and market moves reprice risk and reveal where power and cash are concentrating. 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. Investors will watch earnings, rates, and competitive positioning connected to Iran and Oil.

Desk copy

RedScroll Briefing

Extractive editorial brief — not a reprint of the original

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.

Why it matters

Corporate and market moves reprice risk and reveal where power and cash are concentrating.

Background

BBC Business reported on this under business. RedScroll surfaces the signal with an extractive brief — not a reprint of the original article. Read the source for full reporting.

Timeline

  1. BBC Business published: 'We simply don't know' - JP Morgan struggling to forecast oil prices due to Trump's war with Iran

  2. Story is in today’s RedScroll edition. Follow the original source for updates.

Economic impact

Investors will watch earnings, rates, and competitive positioning connected to Iran and Oil.

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Source

BBC Business

Original reporting by BBC Business. RedScroll provides an extractive briefing only.