Oil rises and Asian stocks fall amid worries over ‘fragile’ ceasefire deal in Middle East – business live

Rolling coverage of the latest economic and financial newsMohit Kumar, of the broker Jefferies, says the “fragile” nature of the ceasefire deal has started to show cracks after Iran accused the US and Israel of breaking the terms due to attacks on Lebanon – but that the agreement could still hold.Despite the fragile nature of the ceasefire, we believe that the truce will hold. Not because we believe that a solution has been found but because of the MAD (mutually assured destruction) principle.…U...