Israeli Military, Breaking News! International Giant's Latest Statement: Possible Serious Misjudgment!

When Will the War End? Latest Updates!

According to Israel’s Channel 12 on Thursday (March 19), IDF Chief of Staff Aviv Kochavi stated in an internal discussion that Israel’s military operations against Iran “have not even reached halfway.” High-ranking Israeli military officials also hinted that there is no timetable for ending the war.

According to the latest report from CCTV, on March 20 local time, an IRGC spokesperson was ambushed and killed.

JPMorgan Chase issued a new research report warning that investors’ optimism about the Middle East conflict may severely misjudge the risks. Led by strategist Dubravko Lakos-Bujas, the research team pointed out that although Brent crude oil has surged 60% since the outbreak of the conflict, the market has not fully priced in the potential economic impact of soaring energy costs.

BTIG’s Chief Market Technician Jonathan Krinsky warned in the report that the overall U.S. stock environment continues to deteriorate, key technical levels are under pressure, and the S&P 500 faces further downside risk.

No timetable for ending the war

In the media, Israel’s exposure is relatively low, but their stance plays a decisive role in the current conflict.

According to Israel’s Channel 12 on Thursday (March 19), based on recent high-level consultations, IDF senior officials unanimously oppose halting operations at this stage. Israeli security officials are concerned that, although recent strikes have significantly weakened Iran’s ballistic missile capabilities, ending the military campaign now could lead to renewed fighting within months.

Israeli Prime Minister Benjamin Netanyahu also stated that no time limit will be set for ending the war.

The New York Times on March 19 pointed out that Trump’s statements highlight clear differences in strategy between the U.S. and Israel regarding Iran. In this nearly three-week-long war with no end in sight, Israel’s attacks on Iranian oil and gas facilities and the subsequent fierce retaliation against energy infrastructure in Persian Gulf countries indicate that the two countries are not truly coordinated in their actions.

According to Xinhua News Agency in Tehran on March 20, Iran’s Islamic Republic News Agency reported that Iran’s Parliament’s National Security and Foreign Policy Committee spokesperson Ibrahim Rezaei said Iran currently has no plans to negotiate with the U.S. Any claims of a ceasefire or negotiations are false information spread by the U.S. to control energy prices. Additionally, the security situation on Khark Island remains stable, and Iran’s oil exports are ongoing.

Rezaei stated that recent Iranian actions have achieved significant results, inflicting “more decisive” heavy blows on enemies. Any country allowing Iran’s adversaries to use its territory or military bases in any form will be considered a direct participant in the conflict and targeted by Iran.

JPMorgan Chase’s Latest Warning

JPMorgan Chase issued a new research report warning that investors’ optimism about the Middle East conflict may severely misjudge risks. Historical data reveal a harsh pattern: among five oil shocks since the 1970s, four ultimately triggered recessions. After a 30% surge in oil prices, the correlation between the S&P 500 and oil typically turns to “highly negative,” but so far, the index has only fallen 3.7%, reflecting dangerous complacency in the market.

The research team emphasized that the market is overly focused on inflation pressures but neglects more critical economic destruction risks. If the Strait of Hormuz remains closed long-term, sustained oil price increases will harm the economy by suppressing demand. Data shows that every $10 increase in oil prices reduces global GDP growth by 15 to 20 basis points. If oil remains at $110 per barrel, profit expectations for S&P component stocks could decline by 2 to 5 percentage points.

Based on this risk reassessment, JPMorgan Chase lowered its S&P target from 7,500 to 7,200 by the end of 2026. This adjustment reflects concerns over persistently high energy costs, especially after Iran’s missile attacks on Qatar’s liquefied natural gas facilities, which pose long-term pressure on the global energy supply chain.

JPM strategists also warn that the market has only partially pricked the bubble in high-risk assets, but investors have yet to fully recognize how the energy crisis erodes corporate profits. If oil prices rise further, profit pressures will intensify, potentially triggering more severe market corrections.

BTIG’s Chief Market Technician Jonathan Krinsky further warned in the report that the overall U.S. stock environment continues to worsen, key technical levels are under pressure, and the S&P 500 faces further downside risk. “We still see further downside risk, and the probability of the index dropping to 6,000 is not low.”

Proofread: Zhu Tianting