Oil prices dropped as Iran outlined terms for talks with the US.
Brent fell about 3.2 percent to about 100.54 dollars a barrel.
Iran wants its seven demands implemented first.
The demands were conveyed through Qatar.
Saudi forces reported intercepting a missile aimed at Riyadh.
A strike on a jet fuel facility at King Khalid International Airport in Riyadh on September 19 was also reported.
US crude fell about 3.7 percent to about 92.56 dollars a barrel and Brent fell about 3.2 percent to about 100.54 dollars on hopes of US-Iran diplomacy, according to the report.
The claims of the parties in the conflict are their own statements and have not all been independently verified.
India imports most of its crude oil, and oil price moves linked to the conflict feed into India’s import bill and market sentiment.
Brent crude has traded above 100 dollars a barrel in recent weeks because of the conflict and concerns over supply.
Mohsen Rezaei, secretary of Iran’s Supreme National Security Council, told Al Jazeera that Tehran had conveyed its demands to Washington through Qatari mediators.
According to reports, the seven conditions include an end to the war on all fronts, the release of frozen Iranian assets and the lifting of the US naval blockade on Iranian ports.
Rezaei said Washington must implement Tehran’s conditions before negotiations begin.
He also warned that Iran was prepared for further military confrontation and said US bases could face heavier strikes if Washington launched another attack.
Iran’s central military command said it had received information that the United States was preparing to resume military action, and warned that any US attack would trigger sustained strikes on American bases and interests in the region.
The article carrying those reports did not include a documented US response to Iran’s conditions.
Yemen’s Iran-backed Houthis claimed an attack on Riyadh, which was reported to be the first Houthi attack on the Saudi capital since hostilities began in July 2026.
Riyadh skyline (representative image), Wikimedia Commons, public domain
