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JPMorgan oil team gives up on forecasting Iran war endgame as Trump blows past economic redlines

JPMorgan assumed at the start of the war that several economic redlines would force President Donald Trump into an agreement to open the Strait of Hormuz.

JPMorgan oil team gives up on forecasting Iran war endgame as Trump blows past economic redlines

Published September 17, 2026 · Category: Finance

Overview

JPMorgan assumed at the start of the war that several economic redlines would force President Donald Trump into an agreement to open the Strait of Hormuz.

Source

Originally published at www.cnbc.com.

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