4 actions the US could take to calm oil's historic Iran-war-driven volatility, according to JPMorgan

4 actions the US could take to calm oil's historic Iran-war-driven volatility, according to JPMorgan

Frederic J. BROWN / AFP via Getty ImagesHistoric oil volatility continues to upend markets amid the US-Iran war.JPMorgan analysts examined measures the US could take to calm the oil market. Still, the Strait of Hormuz is the chief influence on how prices will behave, the analysts said. Oil prices plunged after surging past $100 per barrel as President Donald Trump signaled the Iran war could end soon, but volatility has continued on Tuesday. Acc…