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

World Business Report

The US and Iran have come to a temporary ceasefire, but for many businesses and consumers, the pressure may be far from over.

Hundreds of ships are still backed up in the Strait of Hormuz, with many waiting for clearance from Iran before they can move.

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

Presenter: Leanna Byrne Producer: Matt Lines Editor: Justin Bones

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The US and Iran have come to a temporary ceasefire, but for many businesses and consumers, the pressure may be far from over.

Hundreds of ships are still backed up in the Strait of Hormuz, with many waiting for clearance from Iran before they can move.

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

Presenter: Leanna Byrne Producer: Matt Lines Editor: Justin Bones

2026-04-08 8 min
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