What you need to know
Oil price drops sharply after Trump says Israel-Iran ceasefire agreed
Asian markets rise, with FTSE 100 expected to join rally
Follow live updates throughout the day on Times Radio
15 minutes ago
Brent crude below $69 a barrel — down from $77 a barrel on Monday
What you need to know
Oil price drops sharply after Trump says Israel-Iran ceasefire agreed
Asian markets rise, with FTSE 100 expected to join rally
Follow live updates throughout the day on Times Radio
15 minutes ago

The oil price looks to have found a floor as investors assess the hostilities between Israel and Iran

Markets in Asia and Europe move higher, while crude hovers at about $100 a barrel amid cautious optimism

Rolling coverage of the latest economic and financial news

Brent crude trades up 1 per cent with no sign of panic selling across stock markets

Investors relieved by news of two-week ceasefire and temporary reopening of strait of Hormuz

Brent crude jumps 6.5% as US president vows to hit Iran ‘extremely hard’ over coming weeks