Global oil market falls heavily due to Donald Trump’s statement indicating end of Iran war

News India Live, Digital Desk: Amidst the dark clouds of war prevailing all over the world, a relief news has emerged. US President Donald Trump has indicated that the ongoing fierce conflict with Iran may now be nearing its end. The effect of this “peace signal” of Trump was immediately visible on the global market and a huge fall in the prices of Crude Oil was recorded. Trump’s statement that changed the atmosphere. While sharing a post on the social media platform ‘Truth Social’, President Trump wrote that this destructive series going on with Iran may end soon. He indicated that the possibilities of diplomatic routes and ‘deal’ have been explored. Market reaction: As soon as Trump made this statement, there was a sharp decline in the prices of Brent Crude and WTI. Relief from inflation: Reduction in oil prices means that in the coming days, the prices of petrol, diesel and aviation fuel may come down in the whole world including India. Steps towards ceasefire? Starting from 28 February 2026. This war brought important trade lines like the Strait of Hormuz to a standstill. But now many reasons are being considered for the change in Trump’s stance: Domestic pressure: Due to rising fuel prices in America and huge war expenses, the Trump administration was under pressure to restore peace soon. New strategic deal: Experts believe that the Trump administration has prepared Iran for a new nuclear and security deal, which is compatible with the ‘America First’ policy. Global economy: There was a threat of global recession due to supply chain breakdown due to war, which could be avoided. It is necessary for the war to stop. What will be the impact on India? India imports most of the oil it needs. Stopping of Iran-America war: Gas and petrol will become cheaper: Shortage of commercial LPG and domestic gas will end. Supply chain will be normal: The path of ships coming from Gulf countries will become safe, which will reduce import expenses. Stock market boom: Indian stock market is expected to be vibrant due to falling oil prices. Caution is still necessary. Although Trump has given indications, but on official ceasefire. Not signed yet. No major official confirmation has come from Iran on this yet. Defense experts say that the next 48 hours will prove to be very decisive in this direction.