'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. Officials and experts continue to monitor developments closely as the situation unfolds. Communities affected by the story are watching for further updates in the days ahead.

Analysts say the implications could extend well beyond the immediate headlines, with policymakers and industry leaders expected to respond in the coming weeks. Readers following this story should check back for the latest details as new information becomes available.