Talks are set to resume this week in Pakistan, but currently it's unconfirmed whether Iran will be in attendance.

Previous talks have been unsuccessful, and over the weekend the Strait of Hormuz was opened and then reclosed by Iran after the US continued to block Iranian ports. 

This instability has raised questions over the ever-increasing fuel prices. 

Business correspondent Vicky Pryce told Ryan Bridge, "everything could of course unsettle the markets again, but right this minute the markets seem to think that some resolution will be found."

LISTEN ABOVE 

Talks are set to resume this week in Pakistan, but currently it's unconfirmed whether Iran will be in attendance.
Previous talks have been unsuccessful, and over the weekend the Strait of Hormuz was opened and then reclosed by Iran after the US continued to block Iranian ports.&nbsp;
This instability has raised questions over the ever-increasing fuel prices.&nbsp;
Business correspondent Vicky Pryce told Ryan Bridge, "everything could of course unsettle the markets again, but right this minute the markets seem to think that some resolution will be found."
LISTEN ABOVE&nbsp;

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

Early Edition with Ryan Bridge

Vicky Pryce: Business correspondent on the latest in oil prices with possibility of new talks between US, Iran

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/b3932810-081c-4133-b6e9-b43101601a42/transcript