What the US-Iran ceasefire means for oil prices, flights and bills

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• 00:39

  A ceasefire in the Middle East, but don't run to the petrol pump just yet.

• 00:44

  It's World Business Express from the BBC World Service.

• 00:47

  I'm Leanna Byrne.

• 00:50

  Ships are starting to move again through the Strait of Hormuz, but hundreds are still backed up.

• 00:54

  Plus, what it means for flights, holidays and passengers' confidence as airlines proceed cautiously.

• 01:05

  Yes, the US and Iran have come to a temporary ceasefire.

• 01:08

  But for many businesses and consumers, the pressure may be far from over.

• 01:12

  Let's start with the market reaction.

• 01:14

  Danny Hewson is head of financial analysis at AJ Bell.

• 01:17

  Danny, just bring us up to speed where the oil prices are right now.

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