Iran ceasefire has brought a sudden fall in oil prices – but this pause underscores the volatility in the market
- Written by Adi Imsirovic, Lecturer in Energy Systems, University of Oxford
Who is Danny/ShutterstockBefore the temporary ceasefire in the Gulf, the world had been experiencing the biggest oil price shock ever, surpassing even the crises of the 1970s. The scale and speed of movements were comparable to some of the most disruptive episodes in modern energy markets.
At the centre of the disruption was the US-Israel conflict w...







