Brent Crashes 7% on Iran Peace Hopes Despite Fresh Saudi Pipeline Attack

Oil prices plunged 7% on unconfirmed reports of a Qatari-Pakistani mediation proposal reviving U.S.-Iran nuclear talks, with Washington allegedly accepting 3.67% enrichment. The drop persists despite a fresh attack on a Saudi pipeline, indicating market focus on potential supply normalization. Claims are sourced to unnamed officials via Al Arabiya and remain unverified.

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