Another Likely Premature 'Final' Peace Draft Headline, Oil TumblesCrude prices tumbled on a regional Al Hadath headline suggesting the "achievement of a final draft" of what will be Iran's latest peace proposal, though the recent pattern of this has shown little will likely come of it with Washington, amid ongoing apparent zero sum demands from each warring side. Pakistani Army Chief may visit Iran tomorrow to announce achievement of final draft of agreement text. Next round of negotiations will be held in Islamabad after Hajj season: Al Hadath Event Sources: If the Pakistani Army Chief does not head to Iran, the achievement of the final agreement formula may be announced within hoursMore per Newsquawk...[MARKET UPDATE] Brent falls in excess of USD 3/bbl, WTI slips below USD 100/bbl, Equities bid and USD hit on reports the Pakistani Army Chief may visit Iran tomorrow to announce achievement of final draft of agreement textPakistani Army Chief may visit Iran tomorrow to announce achievement of final draft of agreement text; The next round of negotiations will be held in Islamabad after the Hajj season (25th to 30th May), Al Hadath reportsSources say if Pakistani Army Chief does not head to Iran, the achievement of the final agreement formula may be announced within hours.Work is underway in earnest to put the finishing touches on the text of an agreement between Washington and Tehran.BUT...Al Arabiya sources: The US has informed Pakistan that it will not offer concessions to Iran on the nuclear demands and the Strait of Hormuz https://t.co/Av0QIGjyvL