As the world waits with bated breath for the potential implications of a US-Iran ceasefire, many are wondering if this breakthrough will finally bring relief to consumers grappling with skyrocketing fuel costs. The recent agreement between the two nations has sparked hopes that tensions in the Middle East may be easing, which could have a ripple effect on global oil prices. With the US and Iran accounting for a significant portion of the world's oil supply, a decrease in tensions could lead to an increase in oil production, potentially driving down fuel costs for consumers. But will this ceasefire be enough to bring about a significant reduction in fuel prices, or is it too early to tell?


The BBC's Nick Marsh takes a look at whether fuel costs will get cheaper now the US and Iran have agreed a ceasefire.