Oil price jumps with US-Iran ceasefire ‘on tenterhooks’ – business live

Rolling coverage of the latest economic and financial newsTehran has ‘no plans to participate’ in new talks, state media reports, as it accuses US of violating ceasefireUK advertising group M+C Saatchi has warned this morning that the Iran war is likely to hit its business this year.M+C Saatchi told shareholders this morning:Macroeconomic challenges remain, while the conflict in the Middle East is likely to significantly impact our sport and entertainment and consumer-facing business.Markets are...