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."

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