Oil Plunges on Final Draft of US-Iran Agreement Reached Is this the one? While we've seen this rodeo before, oil is plunging on a Saudi media report which is positive for peace. Crude hits low of day... Traders Circulate AI Arabiya TV obtaining what it describes as final draft of US-lran agreement: (CLICK TO SEE KEY PROVISIONS) - UNCONFIRMED Key provisions include: 1) An immediate, comprehensive, and unconditional ceasefire on all fronts (land, sea, air) 2) Mutual commitment not to target military, civilian, or economic infrastructure 3) Cessation of military operations and instigating media warfare 4) Respect for ... (full story)