⚡ US SENDS REVISED NUCLEAR DEAL PROPOSAL TO IRAN VIA PAKISTAN – OIL DROPS SHARPLY 📉🛢️
Negotiation Update: White House envoy Steve Witkoff sent revised proposals to Iran through a Pakistani intermediary. Core demands include restoring the nuclear issue to the agreement and requiring Iran to halt activities at bombed nuclear sites and freeze enriched uranium stockpiles during talks.
Iranian Response: Foreign Minister Araqchi briefed Gulf nations on Iran’s stance on ending the war.
Market Reaction:
Brent crude fell to $107/bbl (-2.83%).
WTI dropped 4% to $102.71/bbl.
The diplomatic channel via Pakistan brings de-escalation hopes, driving sharp oil price declines. However, significant gaps remain between the two sides. Markets will continue watching closely for further developments.
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