Kathmandu. In the international market, Brent crude oil rose nearly 2 percent to $106 a barrel on Monday.
US President Donald Trump has recently rejected Iran’s proposal to open the Strait of Hormuz within 7 days. This decision of Trump has increased the price of oil.
However, Trump has reiterated his hope that the war with Iran will end “very soon”. Trump has also said that there will be a significant drop in oil prices after the war ends. – Agency
