US-Iran Ceasefire in Limbo as Warring Nations Exchange More Strikes

• Supreme leader, Ayatollah Khamenei, laid to rest

• Oil price eases over 2% despite escalation of conflict

Emmanuel Addeh in Abuja

The fragile ceasefire between the United States and Iran further unravelled yesterday as fresh missile and drone strikes were exchanged between both nations, raising fears of a renewed regional conflict, and its impact on the global oil market.