JPMorgan Chase's commodities team stated that for the first time since the outbreak of the Iran conflict, they have no baseline view on the direction of oil prices and cannot predict the final outcome. The team noted that previously set economic red lines, such as oil prices at $100, gasoline at $5/gallon, and 10-year US Treasury yields at 4%, have been breached. Currently, oil prices have exceeded $100, 10-year US Treasury yields have reached 5%, and gasoline and diesel prices are high, yet an exit strategy remains unclear.