Oil Prices Plummet as Analysts Admit They Can't Predict Market Uncertainty

The global oil market is facing unprecedented uncertainty as JPMorgan analysts admit they 'simply don't know' how to model for the end game in Iran, nearly seven months into the war.

This admission comes at a time when geopolitical tensions remain high, with the US granting visas to Iranian President Masoud Pezeshkian and Foreign Minister Abbas Araghchi to attend the UN General Assembly in New York next week.

The Tata Sons governance standoff is also affecting Indian markets, with several Tata group stocks under pressure after Tata Trusts proposed buying back part of the SP Group's stake in Tata Sons for a minimum gross consideration of ₹25,000 crore.