JPMorgan Says Oil Market Unpredictable as Iran Conflict Drags On

JPMorgan says it can no longer clearly predict the oil market as the Iran conflict drags on. The bank's analysts are unsure how to model oil prices amid the war. At the same time, the US is probing possible Iran ties to a cyberattack on an energy tanker. The US also sanctioned an Iranian financier's crypto exchange, saying it processes payments linked to Hormuz.