Kathmandu. Crude oil prices have fallen in the international market since the start of talks between the US and Iran to end the war.

U. S. President Donald Trump has said that talks with Iran are underway to end the war.After Trump’s remarks, the price of crude oil has fallen in hopes of an end to the war. 

Brent crude 5.5 per cent (4.16 fell to 97.90 dollars per barrel. Similarly, U. S. West Texas crude oil intermediate fell to 5.8 (4.35dollar) to 90.99 per barrel. 

Oil prices fell as the U. S.-Iran talks to end the war would open the Stra it of Hormuz and ease oil supplies, according to analysts. Although talks are said to be underway to end the war, there is no official word on the end of the war.