Oil Plunges On Report Israel, Hamas Have Agreed To Major Ceasefire Deal

 Qatar has announced Israel has agreed to the major ceasefire proposal which has been worked on intensely for over the past week. Qatar has also said Hamas has issued 'positive conformation', according to Al Jazeera.

Oil plunged on the news, and amid the first hopeful sign in months that Gaza could witness a breakthrough ceasefire...

The negotiation efforts have involved not only Qatar but Egypt too, with the latest days of most intense talks happening in Paris, involving CIA Director William Burns.

"The proposed three-part deal, formulated during international intelligence chief meetings in Paris, includes a notable provision—Hamas's demand for the release of 150 Palestinian prisoners for each female Israeli soldier set free," Israeli media sources have noted.

Israel has sought the release of all prisoners held in Gaza by the end of a multi-phased plan, which could see a 2-month "pause" in fighting - though Netanyahu has still consistently expressed the goal of seeing Hamas totally eradicated.

https://www.zerohedge.com/geopolitical/oil-plunges-report-israel-hamas-have-agreed-major-ceasefire-deal