Oil rises and global stocks wobble amid worries over ‘fragile’ ceasefire deal in Middle East – as it happened

Rolling coverage of the latest economic and financial newsOil prices are still rising this morning, as markets question the durability of the ceasefire deal between the US and Iran.Brent crude, the international benchmark, is now up by about 3% to $97.88 a barrel.We’ve obviously had a very big shock in the last month or so, with the conflict breaking out in the Middle East, that has prompted, obviously, much greater market volatility. I mean, we all have to get up in the morning and find out what’s gone on overnight. At least we got up yesterday and found the world was still with us, but it obviously is very volatile. Yesterday was a good day in point to illustrate that.”It’s a very good environmental argument, don’t get me wrong. But there is also an economic argument here as well, becaus