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Oil now carries a diplomatic option alongside a physical supply risk. Iran says it sent Washington three ceasefire terms via Qatar, while the US has not confirmed progress and European refiners face disrupted October crude supplies. My read: credible talks could compress Brent and WTI risk premiums before flows normalize, but without confirmation the market may keep pressure on bond yields and risk-asset valuations. $BZ #CryptoCapReclaims2.8T #ZEC38KShortClosed #TrumpGulfIranTalks