According to a report by Al Jazeera, market sentiment eased as Saudi Arabia reactivated its East-West crude pipeline following drone attack repairs. Concurrently, Iranian authorities signaled willingness to open the Strait of Hormuz provided the United States lifts its naval blockade on Iranian ports and fulfills key terms. Following these developments, Brent Crude futures for November dropped by $2.01 (2.0%) to $98.33 per barrel, while US West Texas Intermediate (WTI) for October fell by $2.50 (2.61%) to $93.28 per barrel. Economists noted that while prospective diplomatic progress has calmed supply fear premiums, negotiations over tolls, fees, and blockade terms remain key operational hurdles ahead.