Nigeria, Sept. 19 -- JPMorgan, one of the world's largest investment banks, says it no longer has a clear baseline view for the global oil market as the prolonged US-Israeli conflict with Iran continues to disrupt energy supplies.

The bank's latest assessment marks the first time since the conflict began that it has abandoned a baseline scenario for oil markets.

"We simply don't know how to model the endgame," Reuters quoted JPMorgan analysts as saying in a note published on Thursday.

The warning comes as Nigeria grapples with another increase in petrol prices, with pump prices rising above N1,400 per litre in several parts of the country.

The latest increase followed an N85 adjustment in the gantry price of petrol by Dangote Petroleu...