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crude flows on a typical day, has led to a global surge in fuel prices. World leaders have welcomed the news with cautious optimism amid mixed messages from the US and Iran: ## United States
currently under a two-week ceasefire. Trump hopes to put pressure on Iran by targeting two economic drivers - the huge tolls it was demanding ships pay to pass through the Strait of Hormuz
prices. On April 13, it renewed the waiver to May 16. The waiver does not seem to have helped Russia much, and April may have been even worse than March, according to some reports. Russian
oil production did not recover to pre-war levels until a decade after the conflict while the Iraqi state continued to pay the United Nations-mandated $52.4bn in compensation to Kuwait until 2022. Similarly
crude oil jumped past $90 per barrel, up from $67 the day before the war broke out. Inflation climbed at an annual rate of 3.3 percent in March, with gasoline prices rising 21.2 percent, while
current Holyrood election campaign. Specifically, the talk has been of a "just transition" at the heart of the energy policy - the idea of a smooth and equitable shift of labour from dirty old oil