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US-Iran Reportedly Agree To Concessions On Nuclear File, Oil Plunges

US-Iran Reportedly Agree To Concessions On Nuclear File, Oil Plunges Update(0835ET) : US-Iran headlines are once again swinging between mediator proposals and Tehran declaring it is "now in a state of war" after the Qeshm strike - which is a sadly all too familiar pattern from this past summer.

The latest from regional sources are seeing oil prices drop lower: "Washington has approved the draft memorandum of understanding that the Qatari delegation presented to Iran yesterday", Al-Araby Al-Jadeed reports citing sources close to the mediation team.

"Washington and Tehran have made concessions regarding the Iranian nuclear program and frozen funds", Al Araby Al Jadeed reports citing sources. WTI is back at its lowest level in three weeks... Futures surged on the return to 'optimism' - even if briefly...

President Trump issues some fresh remarks in a Fox interview by phone: Trump on Iran: They were building an anti-aircraft. We watched it get built. When it was completed, we hit it last n