Middle East Conflict: 13 percent drop in oil prices after Donald Trump suspends strikes on Iran

New Delhi: In a manjor relief, petroleum prices witnessed a sharp drop on Monday after US President Donald Trump indicated that a possible resolution of the ongoing Middle East Conflict may be in the offing. In a statement on social media on Monday, Donald Trump  informed that the US and Iran have held talks aimed at resolving the the ongoing military showdown in the Middle East.