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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.