Oil prices rise as concerns grow over 'fragile' US-Iran ceasefire
Crude prices have reversed from sharp falls on Wednesday when plans to pause the war first emerged.
Crude prices have reversed from sharp falls on Wednesday when plans to pause the war first emerged.
Despite a ceasefire, the Iran war will continue to affect farmers' costs and therefore food prices.
Only a few vessels have crossed the strait since the US-Iran ceasefire deal, according to BBC Verify analysis.