🚨 FORECAST UPDATE: JPMORGAN CHASE EXPECTS OIL TO REMAIN ELEVATED THROUGH 2026 🛢️📈🇺🇸 Average Price Outlook: JPMorgan Chase has released its latest projections, forecasting global oil prices to average $96 per barrel for the full year of 2026, reflecting sustained supply-demand tightness. Quarterly Trajectory: The bank expects prices to peak during the mid-year period: Q2 2026: $103/barrel. Q3 2026: $104/barrel. Q4 2026: $98/barrel. Key Drivers: Sustained prices above $100 in Q2 and Q3 underscore persistent geopolitical risks in the Middle East and the looming "operational stress levels" of global crude inventories expected in early June. ⚠️🛑 JPMorgan’s forecast suggests that energy-driven inflation will remain a primary challenge for central banks (especially the Fed under incoming Chair Kevin Warsh) as they navigate the difficult path of cooling the economy without triggering a recession. ⚖️📉🏦 $CL $BZ $XLE #TrumpRejectsIranDeal #DailyOrbit