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Final Draft Of US-Iran Agreement Coming? Crude Oil Price Drop Amid Reports Of Trump-Tehran Deal

The sudden decline followed reports from Saudi state media outlet Al-Arabiya, which said the US and Iran had reached an agreement through Pakistani mediation. According to the report, the proposed deal includes a comprehensive ceasefire, commitments from all parties to avoid targeting infrastructure, and guarantees for freedom of navigation in the Persian Gulf and Strait of Hormuz through a joint monitoring mechanism.

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