Qatar advances US-Iran peace talks

Qatar confirmed that mediation efforts are making progress in the talks between the United States and Iran aimed at ending the war, which led to a more than 4% drop in oil prices following Qatar's statements, despite Tehran denying the existence of official negotiations so far. Diplomatic efforts continue between the conflicting parties, with Qatar, Oman, and Pakistan acting as mediators to facilitate the resumption of navigation through the Strait of Hormuz, which remains effectively closed amid threats and attacks on ships.

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