As Trump has declares the truce “over” and aggression ramps back up, Robin Brooks of the Brookings institution walks us through what this all might mean for the global oil market.

A divided market turns broadly lower on the prospect of renewed hostilities.

Brent crude futures were a long way below the war's peak prices but rose enough to wobble the bond market by increasing inflation risks.

Crude oil prices spike over 6% after Trump declares the ceasefire with Iran "over," raising geopolitical tensions.