Iran deal optimism pushes oil price back below $100; UK builders hit by surge in costs – business live

Rolling coverage of the latest economic and financial news Climate campaigners attack Shell over ‘windfall’ profits from Iran war The Danish shipping giant Maersk has maintained its profit guidance for the year, even as it reported a spike in fuel costs and warned that traffic through the strait of Hormuz “remains at a near standstill”. The company, which transports goods around the world via sea, road, rail and air, said demand for shipping containers remained strong, but that war in the M...

By Graeme Wearden