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.
'We simply don't know' - JP Morgan struggling to forecast oil prices due to Trump's war with Iran
By Chronicle Newsroom · · Source: BBC News
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.
Related stories
Business· 19h ago
Flight chaos caused by 'millisecond' software defect, report says
The failure led to more than 2,000 flights being cancelled and hundreds of thousands of passengers affected.
BBC News
Business· 21h ago
Dragon Deborah opens with a terrible negotiation tactic
Deborah Meaden makes a bold opening move in response to a pitch.
BBC News
Business· 21h ago
'Insufficient funds' to pay Brewdog creditors after takeover deal
Administrators say about £489,000 was owed for staff wages and holiday pay and £2.4m was owed to HMRC for unpaid VAT.
BBC News
More from Chronicle
- Abraham Lincoln Politics Leadership US: A Case Study in Power, Timing and Words
- Aesthetic Medicine News Today: 2026 Trends, Regulation Headlines and Patient Safety
- AI Regulation News Today: The Global Rulebook Tracker — EU, US, China, UK Compliance Map
- AI Stocks Retreat Worldwide: Leaders' Warnings Ignite a Sell-Off as Nvidia Rebalances
- Bank of Japan Raises Rates to 1.25%, Highest Since 1995: The End of the Cheap Money Era
- Breaking News: Accident on I-95 Today? How to Track Live Updates and What to Do Next
- China Economy 2026: Strong Exports, Cold Domestic Demand and a Growth Equation Changing Before Our Eyes
- Fed Raises Rates to 3.75-4%, First Hike Since 2023: Mapping the Impact on Your Loans and Savings
- Fort Lauderdale International Boat Show 2025 News: The Complete Recap and Your 2026 Guide
- Gaza Between a Fragile Ceasefire and a Stalled Peace Plan: Where the File Stands in Mid-September 2026
- Gold Nears a Record Again Above $4,300: 2026's Journey from Collapse to Rally
- Iran and the US in Hormuz: Maritime Escalation Enters a Dangerous Phase and the Oil Market Is Under Siege