RUMOURS: Sources report that Iran has struck several Iraqi oil fields in response to recent US attacks on Qeshm Island. The Iraqi Prime Minister is believed to have travelled to Tehran on Friday to address this, in a meeting with senior Iranian officials said to have lasted eight hours. The meeting also reportedly gave Tehran an opportunity to pass its demands to the US via the Iraqi PM. These are rumoured to include an end to the US blockade, though the nuclear issue is not currently on the table. The source also noted that some neighbouring Gulf countries have paid off Iran for safe passage through Hormuz, although secondary sources have yet to confirm this. The market’s reaction indicates that peace is being priced in, with Jan Brent plummeting a further $5/bbl today to below $93/bbl. This seems premature, however. Sources tell us Iran struck four tankers on Sunday alone, while the Houthis continue to bomb Saudi Arabia relentlessly and with impunity. One source told us that nine floors of Aramco’s headquarters building were destroyed. All of our intelligence is on the feed first. Get access free through the Flux Mobile app: https://t.co/CzhuuSbayo… / https://t.co/6zDYm95UYe… #OOTT #TheOfficials #Oil Retweeted by @zerohedge from @FluxOfficials