Brent crude prices crashed 7 percent to near $90 early Tuesday morning after fresh reports of a possible US-Iran breakthrough raised hopes of an end to the war.
The selloff came despite a fresh attack on Saudi Arabia's key East-West oil pipeline the same day.
Pakistan-Qatar Mediation Revives Talks Al Arabiya a short while ago reported that a Qatari-Pakistani mediation proposal had revived serious talks on Iran's nuclear program. Washington is reportedly ready to let Iran enrich uranium to 3.
67 percent, and Tehran has agreed to that limit. The return of IAEA inspectors to Iran is also being discussed. However, neither side has confirmed the deal, and a senior Qatari official has reportedly disputed its details. The 3.
67 percent cap, set under the 2015 nuclear deal, would be a sharp drop from the 60 percent Iran has reached before.
Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani was scheduled to meet President Donald Trump on Monday to discuss a possible ceasefire.
On Sunday, US Secretary of State Marco Rubio called Tehran's demands &8220;not just unacceptable, but in some cases outrageous and ridiculous,&8221; though he said Washington remains open to diplomacy.
Second Big Drop in a Week Last Wednesday, Brent plunged nearly 9 percent to below $95 per barrel on expectations that the Democratic sweep of Congress would speed up an end to the war.
Meanwhile, Saudi Arabia's Ministry of Energy said the pipeline was targeted in the Medina region, causing a limited fire with no casualties or disruption.
The pipeline lets the kingdom export crude through the Red Sea, bypassing the Strait of Hormuz. For oil importers like Pakistan, cheaper crude offers relief, but continued attacks on energy sites mean supply risks remain.
Earlier, oil prices crashed after the US and Iran left the door open to ending the war .
Public policy specialists and governance analysts view structured administrative initiatives as critical building blocks for institutional efficiency, social equity, and public welfare across Pakistan.
Coordinating policy execution across federal divisions, provincial secretariats, and local directorates ensures that state directives achieve tangible community benefits while maintaining strict operational transparency and budgetary accountability.
Administrative oversight bodies and public monitoring departments are actively deploying digitized service desks and computerized verification systems to streamline public service delivery.
By removing procedural bottlenecks and integrating transparent verification mechanisms, public institutions are working to ensure that civic facilities, developmental benefits, and state safeguards are accessible to all citizens without unnecessary bureaucratic hurdles.
Citizens and civic stakeholders are encouraged to rely on verified government gazettes, certified departmental web portals, and official facilitation counters for authoritative information.
Administrative directorates emphasize that public inquiries, official feedback, and grievance redressals can be registered directly through official departmental helplines and established public service portals.
Public policy specialists and governance analysts view structured administrative initiatives as critical building blocks for institutional efficiency, social equity, and public welfare across Pakistan.
Coordinating policy execution across federal divisions, provincial secretariats, and local directorates ensures that state directives achieve tangible community benefits while maintaining strict operational transparency and budgetary accountability.
Administrative oversight bodies and public monitoring departments are actively deploying digitized service desks and computerized verification systems to streamline public service delivery.
By removing procedural bottlenecks and integrating transparent verification mechanisms, public institutions are working to ensure that civic facilities, developmental benefits, and state safeguards are accessible to all citizens without unnecessary bureaucratic hurdles.
Citizens and civic stakeholders are encouraged to rely on verified government gazettes, certified departmental web portals, and official facilitation counters for authoritative information.
Administrative directorates emphasize that public inquiries, official feedback, and grievance redressals can be registered directly through official departmental helplines and established public service portals.