Jamie Dimon, Chief Executive Officer of JPMorgan Chase & Co., during the 2025 IIR Annual Membership Meeting in Washington, DC, U.S., Thursday, October 16, 2025.
Samuel Corum | Bloomberg | Getty Images
JPMorgan Chase CEO Jamie Dimon said Tuesday that while the war in Iran poses short-term risks, it could ultimately improve prospects for lasting peace in the Middle East.
“I think the war in Iran gives a better chance in the long term – it’s probably riskier in the short term, because we don’t know the outcome,” Dimon, Palantir director and former congressman Mike Gallagher, said at a conference in Washington, DC.
The key change, according to Dimon, is a convergence of interests between regional powers. Saudi Arabia, the United Arab Emirates, Qatar, the United States and Israel all want permanent peace, he said, adding that Persian Gulf states in particular have shown a willingness to move in that direction.
“The attitude is not what it was 20 years ago,” Dimon said. “They all want it.”
The conflict began last month when the United States and Israel launched hundreds of strikes against Iran, including one that killed the country’s supreme leader. The war reverberated through global markets as oil prices soared due to supply disruptions. While stocks soared Monday after President Donald Trump said in a social media post that the sides had talked about a “complete and total resolution” to the war, Iran denied that talks had taken place.
Dimon, who runs the world’s largest bank by market capitalization, also linked his analysis of the Middle East directly to the economy, saying that foreign direct investment — which had been flowing into the region for years — would dry up without stability.
“They can’t let their neighbors launch ballistic missiles into their data centers,” he said.
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