Oil Drops to 1-Week Low as Iran Diplomacy Hopes Emerge at UNGA

📉 MARKETS — Diplomacy hope moves oil faster than the Qatar shuttle does. 📌 LOOK CLOSER: Brent retreating on diplomacy signals — not a ceasefire, not a deal — shows how thin the war premium has become. Pezeshkian in the building, Qatar confirming active proposals, and Trump in "deciding mode" are enough for traders to front-run de-escalation. The risk: if talks collapse or IRGC acts, the snapback toward $110 is faster than the drop.