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‘We simply don’t know’ – JP Morgan struggling to forecast oil prices due to Trump’s war with Iran

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
Image via BBC Business.

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Pressivio’s Business desk has added the source report “'We simply don't know' – JP Morgan struggling to forecast oil prices due to Trump's war with Iran” to its international monitoring stream.

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.

Original source: BBC Business
Read the full report at BBC Business →

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