JP Morgan says it is having difficulty predicting oil prices amid the war between the United States and Iran. Investment bank JP Morgan has admitted it is having difficulty modeling how oil prices will respond to the US-Iran war, saying: “we just don’t know how to model the end game.” Strait of Hormuz. “The market is nervous,” its analysts said. Since then, oil has risen above $100 a barrel and 10-year US government bond yields have surpassed 5 percent, while inflation and oil prices remain below the thresholds JP Morgan had identified. “Six months later [since the war began]”Many of those lines have been crossed, but the exit strategy is less clear, not more,” JP Morgan’s commodities research team said in a note. “For the first time since the start of the conflict with Iran, we have no baseline vision. We simply don’t know how to model the endgame.” Alex Croft September 19, 2026 11:01 PM Yemen is not Iran’s bargaining chip, says Foreign Minister Yemen is not Iranian bargaining chip and its future must be decided by Yemenis through their own political process, Yemen’s Foreign Minister Afrah al-Zouba said in an interview published on Friday. “Yemen is not a compensation for anyone’s losses in another area, nor an area to settle scores, nor a bargaining chip to improve the regional negotiating position of any regional power,” al-Zouba said. He said restoring the Yemeni state’s authority over its coast, ports and islands was essential for regional security and freedom of navigation, particularly in the Red Sea and Bab el-Mandeb, where Houthi advances along the western coast posed a serious threat to shipping. “We reject Iranian support that strengthens Houthi capabilities and uses Yemen’s geography to threaten neighboring countries and sea routes,” he said. he said.Al-Zouba said the Yemen crisis predated the US-Iran war, but that the wider regional conflict had complicated the situation.Alex CroftSeptember 19, 2026 22:00Trump says high cost of gas is ‘a very cheap price to pay’ for Iran war – ICYMIT Trump says high cost of gas is ‘a very cheap price to pay’ for Iran warAlex CroftSeptember 19, 2026 21:01Iran has not heard any messages Iran has not heard any messages in response from the United States after it conveyed its conditions to restart any negotiations on war with Iran, an Iranian Foreign Ministry spokesman said on Iranian state television. The spokesman said that a Pakistani interior minister will visit Tehran to discuss bilateral relations, but there has been no news from the United States. As we previously reported, Iran says talks with mediators from Qatar and Pakistan are ongoing after Tehran made clear to the United States. its conditions, which include ending the war on all fronts, unfreezing Iranian funds and ending the naval blockade. Alex Croft September 19, 2026 20:00 Houthis say they attacked ‘sensitive sites’ in Riyadh with ballistic missiles Yemen’s Houthis have claimed they attacked “sensitive sites” in Riyadh using ballistic missiles and drones. The militant group, which is embroiled in an escalating war with Saudi Arabian forces, said it will continue to target Saudi military increases until blockades in the Red Sea end. It said it attacked a facility belonging to Saudi state oil company Aramco in the Saudi city of Yanbu September 19, 2026 7:01 PM US troop deaths during the war with Iran exceed the Pentagon’s count by at least four, according to a report. More American troops have died during the US-Israel war against Iran than the Pentagon has publicly disclosed, the Washington Post reported Friday. Pete Hegseth denied the report. The Post, citing five unnamed officials, reported that there had been at least 22 military deaths, four more than were contained in data available in the Pentagon’s public database. The newspaper also reported, citing another unnamed official, that not all of the undisclosed deaths were directly related to the Hegseth, in a post on X, calling the report “a complete LIE.” The Post did not immediately respond to a request for comment. In its article, the newspaper said the Pentagon had refused to address its questions about the casualty count discrepancy. Alex Croft September 19. 2026 18:00Tehran presents Trump with new conditions to end war, security chief saysTehran has presented new conditions to end war with the US, security chief Mohsen Rezaei said The conditions include ending the war on all fronts, unfreezing Iranian funds and ending the naval blockade, he said in an interview according to Al Jazeera Iran is now waiting for a response from Donald Trump, Rezaei added. Mediators are underway, he added, as delegations work to end the stalemate that has seen the war drag on beyond six months (Reuters)Alex CroftSeptember 19, 2026 17:00 Turkey withdraws license from Iranian bank suspected of having ties to the Revolutionary Guard Turkey’s banking watchdog, the Banking Regulation and Supervision Agency, revoked the operating license of the Bank’s Istanbul branch Mellat of Iran. protect depositors or the stability of Türkiye’s financial system The announcement comes as the United States calls on other countries to tighten economic measures against Iran. Bank Mellat has been subject to Western sanctions for years and was flagged in 2019 for having ties to the paramilitary Revolutionary Guard Corps. The US Treasury Department earlier this month imposed sanctions on a Turkish investment bank and two subsidiaries for alleged ties to Iran. 16:00Trump says he is banning CNN, MS NOW and Politico from the White HouseDonald Trump said Friday he is banning three major news outlets (CNN, MS NOW and Politico) from the White House in his latest threat to the independent press. The measure will almost certainly face legal challenges as free speech experts said it conflicts with the First Amendment protections of the United States Constitution for free speech and freedom of the press. post on social media, and said they “should not be able to consistently write or report FICTION and LIES when covering the President of the United States.” Trump added: “Other fake news outlets will follow.” Representatives from all three outlets could be seen working at the White House on Friday afternoon after Trump’s post. Trump said there was no specific incident that prompted the ban, telling reporters in the Oval Office: “It’s really just stories that have accumulated over the last few years.” Trump added: “I don’t have to let them into my house, into the people’s house.” When asked what he meant by “let others follow,” Trump mentioned the New York Times and the Washington Post as what he called “fake news.” Maryam Zakir-Hussain 19 September 2026 15:15 Iranian state actors target UK dissidents, activists and journalists with spyware Dissidents, activists and journalists were targeted by state actors posing as their contacts on messaging apps to trick them into downloading spyware called Chosen Brick, the National Cyber Security Centre, part of GCHQ, has warned. The malware gave agents access to the person’s contacts, emails and social media messages, as well as a device’s microphone and content on the screen. Maryam Zakir-HussainSeptember 19, 2026 2:45 p.m.
