Crude oil could become cheaper:Trump claims – Iran war ending deal almost final after talks with leaders of Gulf countries

US President Donald Trump has claimed that the deal to end the war with Iran is ‘almost final’. Work is currently underway on the final details between the two countries. This agreement is being finalized after talks with leaders of Gulf countries and the Israeli Prime Minister. Trump said that under the agreement, the Strait of Hormuz will be reopened. This is the same maritime route through which about one-fifth of the world’s total oil supply passes. After this news, crude oil prices may fall on Monday. Currently, the international standard stands at $103.5 per barrel. Trump spoke with leaders of several countries from the Oval Office President Trump made a joint call from the Oval Office. In this, he spoke with leaders of Muslim countries. Iran does not trust US, says – they change their stance On one hand, while the Pakistani delegation is in Tehran to reduce differences, Iran has expressed doubt about the credibility of the Trump administration. Iranian Foreign Ministry spokesperson Ismail Bakai said, “We can say that we are both very far from an agreement and very close. We have past experience with the American side, which contradicts its own statements and changes its stance. We cannot be fully assured that their perspective will not change again.” Situation unclear on controversial issues like nuclear program Trump has made several claims before about ending the war, but even this time it is not clear whether any solution has been found for Iran’s nuclear program or not. War started on February 28; ceasefire announced in April The dispute in the Middle East escalated when on February 28, the US and Israel jointly conducted major air strikes on Iran. In response, Iran also attacked American bases located in Israel and Gulf countries. After this, in early April, both countries agreed to a ceasefire and since then peace agreement negotiations have been ongoing behind the scenes.