Oil price moves have made headlines since the Iran conflict started - but why have there been such sharp swings?

A shock to oil supplies is rattling financial markets, driving up prices at the pump and raising fears of a bigger economic hit.

As conflict in the Middle East escalates, prices of goods and services could continue to rise

Crude oil prices fall sharply as energy markets remain on tenterhooks over effective closure of the Strait of Hormuz.

Countries around the world are feeling the impact of the conflict and the resulting energy price shock.

Oil price moves have made headlines since the Iran conflict started - but why have there been such sharp swings?

Energy markets remain on tenterhooks as the prospect of prolonged war in the Middle East grows.