New Delhi, March 24 -- Petrol and diesel prices continue to remain stable in major Indian cities amid the conflict in the Middle East, which appeared to show signs of de-escalation on Monday.

The conflict in the Middle East, which is in its fourth week now, was slated for further escalation with US President Donald Trump threatening strikes against Iran's energy infrastructure over the closure of the Strait of Hormuz.

However, on Monday, Trump claimed that talks were underway between Washington and Tehran, and announced that he would hold off on strikes against Iran's power plants.

Although Iran has officially denied that talks have taken place, reports quoting Iranian officials indicate that some communication is ongoing between Washi...