The Sydney Morning Herald | Oil could hit $US80 on back of Syrian air strikes: JP Morgan The Sydney Morning Herald Oil prices have hit their highest since late 2014 and JP Morgan says Brent crude could go to $US80 a barrel as US-led strikes on Syria threaten a new period of heightened Middle East conflict and raise the spectre of renewed US sanctions on Iran. The ... South Korea's March Iranian crude oil imports down 39.3 percent year-on-year Oil to hit $US80 if Syrian strikes lead to Iran sanctions: JP Morgan Crude oil production in Texas continues to rise |