What the Iran ceasefire deal means for YOU including energy bills, fuel prices and grocery shop
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Iran has accepted a two-week ceasefire in the war, which is expected to have implications for energy bills, fuel prices, and grocery shopping. The ceasefire deal comes after President Trump threatened to take action if Iran did not allow commercial shipping to pass safely through the Strait of Hormuz.
Iran's Supreme National Security Council has accepted a two-week ceasefire in the war. The ceasefire deal was agreed upon after President Trump threatened to take action if Iran did not allow commercial shipping to pass safely through the Strait of Hormuz. Iran-backed militias in Iraq have claimed responsibility for dozens of attacks on US bases and other facilities in the country. The ceasefire is expected to have implications for energy bills, fuel prices, and grocery shopping. Governments in Asia and the Pacific, including Australia and Japan, have welcomed the ceasefire. The Australian government has called for de-escalation and an end to the conflict, citing the impact on energy supply shocks and oil and fuel prices.
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