Jamie Dimon says Iran war makes Middle East peace prospects better in the long term
CNBC
JPMorgan Chase CEO Jamie Dimon issued an optimistic viewpoint on Middle East peace, weeks into the war with Iran.
JPMorgan Chase CEO Jamie Dimon said Tuesday that while the war in Iran poses near-term risks, it may ultimately improve the prospects for lasting peace in the Middle East.
"I think the Iran war makes it a better chance in the long run — it's probably riskier in the short run, because we don't know the outcome of it," Dimon told Palantir executive Mike Gallagher at a conference held in Washington, D.C.
The key shift, according to Dimon, is a convergence of interests among regional powers. Saudi Arabia, the United Arab Emirates, Qatar, the U.S. and Israel all want permanent peace, he said, adding that Gulf states in particular have shown a willingness to move in that direction.
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