Oil Prices Plunge Over 6% Amid US Diplomatic Push to End Iran War

• Brent crude oil prices fell over 6% to below $95 a barrel on Thursday.
• West Texas Intermediate (WTI) dropped over 5% to trade below $88 a barrel.
• Reports suggest the US is pursuing a diplomatic solution, including a one-month ceasefire and a 15-point plan for Iran.
• Contradictory reports indicate the Trump Administration ordered deployment of 2,000-3,000 US troops to the region.
• Despite volatility, oil prices are still on track for a monthly advance as the war enters its fourth week.