IRAN DEAL HOPES RISE — OIL PRICES DROP @jsolomonReports says negotiations with Iran appear to be moving forward, with Iranian officials leaving talks in Qatar to consult their leadership on a draft proposal aimed at ending the conflict. The plan reportedly includes reopening the Strait of Hormuz and ending the U.S. naval blockade. Secretary of State Marco Rubio says President Trump has not made a final decision while diplomacy continues, but the U.S. remains prepared to respond militarily if necessary. The administration says it would prefer a peaceful resolution, and markets reacted quickly, with oil prices falling below $100 a barrel on hopes of a deal.

BREAKING: Iran directly rejects today's reports of a US-Iran deal breakthrough, saying "no new developments have occurred in this regard." Oil prices crashed nearly 8% today based on the false claim of a breakthrough. Iran says "definitely no new events or actions will take place" until the US fulfils all of Iran's 7 conditions.