Israel-Iran war: Back from the brink of an oil shock?

This week, Charles Pellegrin takes a look back at what’s being called “the Twelve-Day War” with Dr Jorge León, senior vice president and head of geopolitical analysis at Rystad Energy. The confrontation between Israel and Iran with the assistance of the United States has weighed on global markets, sending oil prices surging amid concerns that oil supply could be heavily disrupted. But those fears have been – at least temporarily – cast aside after a fragile ceasefire was announced by US President Donald Trump. So what happens now?