Jamie Dimon, Chief Executive Officer of JPMorgan Chase & Co., attends the 2025 IIF Annual Membership Meeting on Thursday, October 16, 2025 in Washington, DC, USA.
Samuel Corum | Bloomberg | Getty Images
JPMorgan Chase & Co. CEO Jamie Dimon said Tuesday that while a war with Iran poses short-term risks, it could ultimately improve prospects for lasting peace in the Middle East.
“I think a war with Iran would be a good opportunity in the long run, but it would be riskier in the short run because we don’t know the outcome,” Dimon told Palantir executive Mike Gallagher at a conference in Washington, D.C.
A key change, Dimon said, is the convergence of interests among regional powers. He said Saudi Arabia, the United Arab Emirates, Qatar, the United States and Israel all want lasting peace, adding that Gulf states in particular have shown a willingness to move in that direction.
“That attitude is not what it was 20 years ago,” Dimon said. “They all want it.”
Mr. Dimon, who leads the world’s largest bank by market capitalization, also tied his analysis directly to economics, arguing that the foreign direct investment that has flowed into the region for years will dry up without stability.
“Neighboring countries can’t shoot ballistic missiles at data centers,” he said.
This story is developing. Please check back for the latest information.
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