Vladimir Putin<\/a> on Monday in St Petersburg to gather support, Russian state news agency Tass said. Putin said that Moscow will do everything to bring peace to the Middle East and praised the Iranian people as \u201cbravely and heroically fighting for their sovereignty, Tass reported.<\/p>\nIn a video interview posted by Iran\u2019s IRNA news agency, Araghchi said that it was \u201ca good opportunity for us to consult with our Russian friends about the developments that have occurred in relation to the war during this period and what is happening now.\u201d<\/p>\n
Since the war between US-Israel and Iran began on February 28, oil prices have soared steadily and tankers filled with crude were stranded due to the blockade of trait of Hormuz.<\/p>\n
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Brent Crude, which is the benchmark for international standard, was trading at around $108 per barrel on Monday, which is nearly 50% higher when the war began.<\/p>\n
Last week, Trump extended the ceasefire indefinitely which was agreed between US and Iran on April 7 that has largely halted fighting.<\/p>\n
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