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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.
September 18, 2026US hits three Iranian oil tankers after saying its warships were targeted
The strikes come nearly a week after fighting between the US and Iran flared again following weeks of relative calm.
September 5, 2026How could US-Iran conflict end? Three experts give their views
After renewed strikes this week, does either side have an exit strategy?
September 4, 2026Oil prices fall on hopes Strait of Hormuz could reopen
US Secretary of State Marco Rubio and Treasury Secretary Scott Bessent both announced talks had progressed to allow shipments to resume.
August 4, 2026Oil price dives as US and Iran pause attacks
The US says attacks on Iran have been halted to give "talks some space", raising hopes of a resolution to the conflict.
July 27, 2026'I fear for wee families' - home heating oil jumps £100 in three weeks
The Consumer Council for Northern Ireland says the price rise is in direct response to the US-Iran conflict.
July 26, 2026US pain at the pump worsens after more US-Iran fighting lifts oil prices - Reuters
US pain at the pump worsens after more US-Iran fighting lifts oil prices Reuters
July 10, 2026US launches strikes on Iran after tankers hit in Strait of Hormuz
The US says the strikes are intended to impose "heavy costs", while Iran warns it will "take decisive measures" in response.
July 7, 2026US launches strikes on Iran after second shipping attack
The US said it had hit multiple targets "in direct response to continued Iranian aggression against commercial shipping".
June 28, 2026US and Iran trade attacks for a second day, undermining shaky ceasefire - Reuters
US and Iran trade attacks for a second day, undermining shaky ceasefire Reuters
June 11, 2026Trump and Iran trade new threats after strikes exchanged
The US president warns Iran "will have to pay the price" for taking too long to agree a deal, after Tehran vows retaliation to any attacks.
June 10, 2026Oil rises nearly 1% as US launches new strikes against Iran, supply tightens - Reuters
Oil rises nearly 1% as US launches new strikes against Iran, supply tightens Reuters
June 10, 2026Trump says Iran shot down US helicopter and vows to respond
Two crew members of the Apache helicopter that crashed following the attack were rescued by an American sea drone.
June 9, 2026Most Gulf markets end lower amid fresh US-Iran escalation - Reuters
Most Gulf markets end lower amid fresh US-Iran escalation Reuters
June 7, 2026US and Iran exchange strikes in Gulf in latest test of ceasefire
The US military says it struck Iranian drones and radar sites. Tehran responds by targeting US bases in Kuwait and Bahrain.
June 6, 2026No deal, no exit: How US-Iran standoff risks fresh conflict - Reuters
No deal, no exit: How US-Iran standoff risks fresh conflict Reuters
May 18, 2026Oil jumps as US and Iran disagree on peace proposal - Reuters
Oil jumps as US and Iran disagree on peace proposal Reuters
May 10, 2026Bowen: Strait of Hormuz standoff raises risk of US sliding back into all-out war
The US and Iran's determination to keep the pressure on each other has put the fragile Gulf ceasefire in serious jeopardy.
May 5, 2026Wall Street falls as Middle East concerns offset earnings optimism - Reuters
Wall Street falls as Middle East concerns offset earnings optimism Reuters
April 21, 2026Oil prices rise after Trump says Iranian ship seized
Energy markets have seen wild swings since the US and Israel attacked Iran on 28 February.
April 20, 2026