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JPMorgan halts oil price forecasts amid Iran conflict uncertainty and volatile markets

Market News
25 Sep 2026, 14:00 WIB
New York Post
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Bearish
JPMorgan halts oil price forecasts amid Iran conflict uncertainty and volatile markets

JPMorgan's commodities team has stopped providing reliable oil price forecasts due to the ongoing Iran conflict, which has created extreme market volatility and uncertainty. The conflict has disrupted about a quarter of global oil shipments through the Strait of Hormuz and led to fluctuating crude prices, with Brent crude swinging from $72 to $126 and back to around $100 per barrel. The lack of a clear endgame and shifting US-Iran negotiations make it difficult for investors and businesses to predict future oil costs, impacting markets and consumers worldwide. JPMorgan continues to publish estimates but acknowledges the unpredictability of the situation going forward.

JPMorgan's decision to stop forecasting oil prices comes amid volatile market conditions. For readers following the energy sector, here is Pluang's market snapshot as of Sep 25, 2026 17:31 WIB: of 38 priced Energy-sector US stocks tradable on Pluang, 9 rose and 28 fell today. Notable movers include SEDG at USD 32.41 (+1.57%), CCJ at USD 89.32 (+1.36%), and OXY at USD 57.32 (-1.26%) with varying typical hold times and Pluang order activity.

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