Crude oil prices drop to 137 dollars
The crude oil prices dropped by nearly ten dollars in the last two days with comments from Iran that it is more willing to follow the dialouge route to resolve the nuclear issue with the rest of the world, instead of going for the confrontation. This lead to the crude oil prices crashing by 10 dollars in the last two days. This will come as a big respite to the whole world and further declines could reduce the inflation pressure across the globe.