Unfortantly thats a complete negative. Without going to deep into the actual chemical science it cant be and never has been red oxide.
Only things that make a plug look like that are leaded fuels, fuel that has ethanol or some of those intank additives you can buy. Fyi fuels these days can have ethanol without advertising. Like bp95 has it but doesnt say unless you get the mdss and read it.
If your interested later on i can do the chemical break down of how it happens
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