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#IranCeasefireTerms Oil's next big move may come from diplomacy, not supply 👀
Iran says it sent three ceasefire terms via Qatar: end the conflict, release frozen funds and lift the maritime blockade. The US has not confirmed progress.
What caught my attention is the market has two very different paths ahead.
A deal could strip risk premium from oil. Failure could keep crude elevated, feed inflation and pressure yields.
The next oil catalyst may be Trump's response, not another tanker.
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1#FedSeptemberMinutes
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