JP Morgan admitted it cannot forecast oil prices as the US‑Iran war drags on, noting that key economic red lines have already been crossed.
Posts tagged as “oil”
Continental Resources signed a memorandum of understanding with PDVSA to operate the Ayacucho 2 block in Venezuela's Orinoco Belt, a tract holding an estimated 30 billion barrels of oil.
President Trump said new pipelines and overland routes could cut reliance on the Strait of Hormuz, while rising diesel prices and regional tensions reshape global energy markets.



