Recent escalations in the Strait of Hormuz have driven trader sentiment on the durability of any Israel-Iran ceasefire framework. Iranian forces struck multiple commercial vessels in early July, prompting U.S. Central Command strikes on Iranian military targets and President Trump’s July 8 declaration that the June Islamabad Memorandum truce had ended. Both sides have since exchanged further strikes, with U.S. operations expanding deeper into Iran and Iranian missile responses targeting regional U.S. positions. Israel has maintained high alert status and signaled readiness for independent action while conducting separate operations against Hezbollah in Lebanon, though it has not directly re-engaged Iranian territory in the latest exchanges. Negotiations on nuclear issues and a permanent settlement remain stalled amid mutual accusations of violations, with no scheduled diplomatic milestones in the immediate term that would restore the prior 60-day negotiation window.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedIsrael's Defense Minister says US blocking Israeli strikes on Iran's energy infrastructure
July 29 rises to 71%4%
On July 28, 2026, Israel's Defense Minister Israel Katz stated that the US was preventing Israel from striking Iran's energy infrastructure to avoid broader regional conflict, indicating restraint and supporting the ceasefire's maintenance.
Israel refrains from recent strikes on Iran after ceasefire breakdown between US and Tehran
July 28 rises to 100%1%
By July 28, Israel had not participated in the latest waves of strikes on Iran following the breakdown of the US-Iran ceasefire, which helped maintain the ceasefire status between Israel and Iran, supporting market confidence for the July 28 and 29 outcomes.
US and Iran pause attacks for second consecutive day amid ceasefire talks
July 31 rises to 90%2%
On July 27, 2026, both the US and Iran paused their attacks for a second straight day as negotiations on an interim ceasefire deal continued, temporarily boosting market confidence in the ceasefire's persistence.
Israel boosts ties with Middle East nations amid Iran threat, signaling diplomatic efforts
July 26 rises to 100%1%
On July 26, Israel enhanced diplomatic relations with Middle Eastern countries to counter the Iran threat, reflecting ongoing diplomatic efforts that supported market confidence in the ceasefire continuing through late July and beyond.
Israeli Defense Minister declares readiness for offensive and defensive operations against Iran
July 27 rises to 98%1%
Israel's Defense Minister Israel Katz publicly stated the military's preparedness for both defensive and offensive actions against Iran, maintaining regional tension and influencing market perceptions of ceasefire fragility through July 27 and beyond.
US and Iranian forces pause retaliatory attacks as Omani-mediated talks progress
July 28 jumps to 97%5%
A pause in military actions by US and Iranian forces occurred alongside advancing diplomatic talks mediated by Oman, improving market confidence in the ceasefire continuing through late July.
Pakistani and Qatari mediators propose 10-day ceasefire to Iran and US
July 31 surges to 95%46%
Mediators from Pakistan and Qatar proposed a 10-day ceasefire to Iran and the US, which Iran confirmed receiving. This diplomatic effort helped sustain market confidence in the ceasefire continuing through late July despite ongoing regional hostilities.
US Central Command enforces naval blockade against Iran amid ongoing strikes
July 28 rises to 89%4%
On July 26, 2026, US Central Command released footage showing enforcement of a naval blockade against Iran, signaling continued military pressure and contributing to sustained market uncertainty about the ceasefire's longevity.
Israeli Prime Minister Netanyahu plans Washington visit amid Iran threat
July 30 rises to 88%4%
On July 26, 2026, Israeli Prime Minister Benjamin Netanyahu announced plans to visit Washington to discuss the Iran threat, reflecting ongoing diplomatic efforts and influencing market confidence in the ceasefire continuation.
Israel strengthens ties with Middle East nations amid Iran threat
July 26 surges to 100%50%
On July 26, 2026, Israel reportedly boosted diplomatic relations with regional countries to counter the Iranian threat, reflecting strategic positioning without direct military engagement against Iran, supporting market confidence in the ceasefire continuing.
Mediators report US and Iran exploring ways to restore temporary ceasefire
July 28 surges to 91%25%
On July 26, mediators indicated that Washington and Tehran were exploring ways to restore a temporary ceasefire and ease restrictions on commercial shipping, raising hopes for a pause in hostilities.
Israel considers new military operation against Iran amid escalating tensions
July 25 surges to 91%32%
Reports on July 25 indicated Israel was preparing for potential new military operations against Iran, reflecting heightened conflict risk and tempering market optimism about the ceasefire's durability.
US pauses strikes on Iran for first time in two weeks, Israel braces for escalation
July 27 jumps to 93%5%
On July 25, 2026, the US refrained from striking Iran for the first time in two weeks, while Israeli media reported preparations for a major escalation that did not materialize, temporarily boosting market confidence in the ceasefire.
US President Trump orders pause in strikes on Iran, signaling diplomatic focus
July 27 surges to 98%28%
On July 25, President Trump directed the US military to halt strikes on Iran for the first time in nearly two weeks, reflecting a shift towards diplomacy and boosting market confidence in the ceasefire holding through late July.
US military pauses strikes on Iran following directive from President Trump
July 26 rises to 97%3%
On July 25, 2026, US President Trump ordered a halt to US military strikes on Iran, marking the first pause in nearly two weeks of continuous attacks. This decision increased market confidence in the ceasefire continuing through late July.
US President Trump orders military to hold off strikes on Iran, favors talks
July 30 surges to 90%24%
On July 25, 2026, President Trump directed the US military to pause strikes on Iran, signaling a preference for diplomatic engagement. This decision increased market confidence in the ceasefire holding through the end of July.
Iranian missile and drone attacks continue amid ceasefire tensions
July 27 jumps to 87%8%
On July 25, Iran continued missile and drone attacks on US and allied targets in the Gulf region, escalating tensions but without direct military action against Israel, supporting the market's high confidence in the Israel-Iran ceasefire continuation through this date.
Iranian-backed Houthis attack Saudi oil facilities amid regional tensions
July 27 surges to 93%22%
On July 25, the Iran-aligned Houthis carried out missile and drone strikes targeting Saudi Aramco oil facilities, escalating regional conflict and influencing market perceptions of ceasefire stability.
Israel and Lebanon cooperate on pilot zones as part of ceasefire implementation
July 25 surges to 91%32%
On July 25, Israel and Lebanon advanced cooperation on pilot zones in southern Lebanon, signaling partial progress in ceasefire enforcement and supporting market confidence in the ceasefire continuing through that date.
US military strikes Iranian military installations near Ahvaz
July 25 rises to 95%3%
On July 24, 2026, US missiles struck multiple locations around Ahvaz in Iran, killing and injuring several people, escalating hostilities and causing a temporary dip in market confidence for the ceasefire continuation.
US pauses new strikes on Iran amid diplomatic push
July 28 jumps to 73%7%
On July 24-27, 2026, the US signaled a pause in strikes against Iran to support diplomatic efforts, including US-brokered talks between Israeli and Lebanese officials. This pause reinforced market confidence in the ceasefire's continuation.
US military launches new strikes on Iran as clashes escalate over shipping routes
July 26 surges to 78%28%
On July 23-24, the US military launched fresh strikes on Iran amid escalating clashes over shipping routes, including the Strait of Hormuz, increasing regional tensions and impacting market confidence.
Iran-backed Houthis announce blockade of Saudi ports amid regional conflict
July 24 plunges to 75%24%
The Houthi blockade of Saudi ports on July 24 intensified regional tensions linked to the Iran-US conflict, impacting perceptions of ceasefire stability and contributing to market price declines.
US missiles strike Iranian military sites near Ahvaz, killing and injuring several
July 26 rises to 84%4%
On July 24, US missiles struck multiple locations around Ahvaz in Iran, killing four and injuring five, confirming ongoing US military pressure on Iran but no direct Israeli military action against Iran, which maintained the ceasefire status between Israel and Iran.
Iranian and Iraqi officials confirm Iran rejected US ceasefire proposal
July 26 jumps to 93%9%
Iranian and Iraqi officials confirmed on July 24 that Iran rejected a US ceasefire proposal delivered by Iraqi Prime Minister Ali al-Zaidi, indicating Iran's unwillingness to pause hostilities under current terms and contributing to market uncertainty.
US military fires on merchant vessel attempting to breach Iranian blockade
July 29 surges to 98%31%
The US military fired on a merchant vessel trying to breach its blockade of Iranian ports, continuing the naval tensions but not involving direct military strikes between Israel and Iran, thus not breaking the ceasefire condition between these two countries.
Netanyahu to meet Trump amid ongoing US strikes on Iran and threats of escalation
July 24 jumps to 99%12%
Israeli Prime Minister Netanyahu's scheduled meeting with US President Trump on July 24, 2026, amid ongoing US strikes on Iran and threats of further military action, reinforced market expectations that the ceasefire might hold but with risks of escalation.
US military launches new strikes on Iran amid escalating clashes over shipping routes
July 25 jumps to 84%10%
On July 24, the US military conducted new airstrikes on Iranian targets as clashes escalated over shipping routes in the Strait of Hormuz, increasing regional tensions but not directly involving Israel and Iran in qualifying military actions against each other, supporting the market's high confidence in the ceasefire holding through July 25.
US military fires on merchant vessel attempting to breach Iranian blockade
July 28 jumps to 99%6%
On July 24, 2026, the US military fired on a merchant vessel trying to breach its blockade of Iranian ports, demonstrating ongoing hostilities and undermining ceasefire prospects, which influenced market prices for later dates.
Iran suspends offensive operations; Israel warns of full-force retaliation if attacked
July 25 surges to 98%23%
Iran announced suspension of offensive operations while Israel warned it would respond with force to any new Iranian attacks. US President Trump called for an immediate ceasefire and ongoing negotiations, temporarily boosting market confidence for ceasefire continuation through July 25 and beyond.
US military launches fresh strikes on Iran as both sides threaten civilian infrastructure
July 24 jumps to 99%12%
The US military completed its latest round of strikes on Iran, marking a 13th consecutive night of attacks. Iran retaliated by firing missiles at regional targets, escalating tensions and causing market volatility regarding the ceasefire's durability.
Iran rejects US ceasefire proposal delivered by Iraqi Prime Minister
July 24 rises to 88%1%
On July 23, 2026, Iran officially rejected a US ceasefire proposal passed along by Iraqi mediators, signaling Iran's confidence in its position and contributing to market uncertainty about the ceasefire's durability.
US completes latest round of strikes on Iran amid talks of major combat operations
July 25 rises to 78%4%
The US military completed its 13th consecutive night of strikes on Iran on July 23, while President Trump considered escalating military operations, increasing tensions but no direct Israeli-Iran military action occurred, supporting the market's high confidence in the ceasefire continuation through near dates.
Iran rejects US ceasefire proposal amid ongoing strikes
July 25 drops to 73%5%
On July 23, 2026, Iran publicly rejected a US ceasefire proposal delivered by Iraqi Prime Minister Ali al-Zaidi, reflecting Iran's confidence in its position and contributing to market volatility and a decline in ceasefire confidence.
Iranian missile attack on Jordan and regional strikes escalate tensions
July 24 plunges to 46%41%
On July 23, 2026, Iran launched missile attacks on Jordan and other regional targets, escalating tensions further. This contributed to a sharp drop in market confidence for the ceasefire holding through July 24 and beyond.
Iran suspends offensive operations; Israel warns of forceful response to any new attacks
July 25 rises to 76%1%
On July 23, Iran announced suspension of offensive operations while Israel warned it would respond with force to any new Iranian attacks. US President Trump called for an immediate ceasefire and ongoing negotiations, temporarily boosting market confidence for July 25 and 31.
Israel considers new military operation against Iran amid escalating tensions
July 23 jumps to 96%7%
By July 23, 2026, Israel declared readiness for both defensive and offensive operations against Iran, with Defense Minister Israel Katz warning of full-force retaliation if Iran attacks. This heightened military posture contributed to market uncertainty but maintained a relatively high probability of ceasefire continuation through July 23.
Iran rejects latest US ceasefire proposal and continues missile attacks across Middle East
July 24 jumps to 95%8%
Iran officially rejected a US-proposed ceasefire passed through Iraq and continued missile strikes on Gulf nations and US bases, escalating tensions and causing market confidence in the ceasefire to slightly decline but remain high.
US military completes 11th night of strikes on Iran as ceasefire talks falter
July 25 plunges to 59%17%
On July 22, 2026, the US military completed its 11th consecutive night of strikes on Iran, undermining diplomatic efforts to salvage the interim ceasefire. This sustained military pressure decreased confidence in the ceasefire holding through later dates.
US military reports 17 total deaths in Iran conflict amid ongoing strikes
July 22 jumps to 92%8%
By July 22, the US military reported a total of 17 deaths in the conflict with Iran, with ongoing strikes continuing. Despite this, Israel had not engaged in direct qualifying military actions against Iran, supporting market confidence that the Israel-Iran ceasefire would hold through July 22.
US and Israeli forces continue strikes on Iran amid ongoing ceasefire talks
July 25 jumps to 76%6%
US Central Command and Israeli forces launched continued strikes on Iranian military targets around July 22, maintaining pressure despite diplomatic efforts. This sustained military activity tempered market optimism for ceasefire continuation through late July.
US completes 11th night of strikes on Iran as ceasefire talks collapse
July 24 plunges to 63%24%
The US military completed its 11th consecutive night of strikes on Iran, overshadowing diplomatic efforts in Pakistan to salvage an interim ceasefire deal that had collapsed. Iran remained hesitant to strike Israel directly, fearing escalation. This ongoing conflict caused a slight decline in market confidence for the ceasefire continuing through July 24 and beyond.
US military completes 11th night of strikes on Iran amid ceasefire talks collapse
July 22 surges to 100%50%
On July 22, 2026, the US military completed its 11th consecutive night of strikes on Iran, overshadowing diplomatic efforts in Pakistan to salvage an interim ceasefire deal that had collapsed. This ongoing military action reduced confidence in the ceasefire continuing through later dates, though near-term dates still saw high prices.
Iran rejects US ceasefire proposal passed by Iraqi mediators amid ongoing strikes
July 22 drops to 76%13%
Iran rejected a ceasefire proposal passed along from the United States by Iraqi mediators, as the US staged its 13th straight night of strikes against Iran. This rejection contributed to market uncertainty and a decline in confidence for the ceasefire continuing through July 22 and beyond.
Iran fires missiles at Jordan, fragments land in Israel near Eilat
July 22 plunges to 76%18%
Iran launched missile attacks targeting Jordan, with debris falling in Israeli territory, escalating regional tensions and threatening the ceasefire, contributing to market uncertainty and price volatility.
Iran reportedly rejects US ceasefire proposal via Iraqi mediators
July 24 jumps to 95%8%
On July 22, reports emerged that Iran rejected a ceasefire deal passed along by the United States through Iraqi mediators, indicating ongoing resistance to formalizing peace and contributing to market caution about the ceasefire's longevity beyond late July.
US military completes 11th consecutive night of strikes on Iran amid failed ceasefire talks
July 23 jumps to 99%10%
The US military conducted sustained strikes on Iranian targets for the 11th night, undermining diplomatic efforts to salvage a ceasefire. This military pressure contributed to market uncertainty, reflected in a slight price dip before recovery on July 23.
Iran rejects US ceasefire deal and continues strikes on Gulf nations and US bases
Iran rejected a US-proposed ceasefire deal and continued missile and drone strikes on Gulf countries and US military bases, escalating the conflict and undermining ceasefire prospects. This contributed to declining market confidence for ceasefire continuation beyond July 25.
US completes 11th consecutive night of strikes on Iran amid stalled diplomacy
July 23 jumps to 95%6%
The US military conducted its 11th consecutive night of airstrikes on Iranian targets on July 22, 2026, overshadowing diplomatic efforts and causing market confidence in the ceasefire to dip temporarily before recovering.
Iran rejects US ceasefire proposal amid ongoing US strikes
July 24 rises to 91%4%
On July 22-23, Iran rejected a US ceasefire proposal passed along by Iraqi mediators while the US conducted its 13th consecutive night of strikes on Iranian targets, escalating tensions and causing a dip in market confidence.
US military completes 11th consecutive night of strikes on Iran amid ceasefire talks
July 24 jumps to 87%11%
Despite ongoing diplomatic efforts, the US conducted multiple nights of strikes on Iranian targets, overshadowing ceasefire negotiations and causing market uncertainty about the ceasefire's continuation through July 24 and beyond.
Israel prepares for possible expanded military campaign against Iran
July 25 surges to 76%17%
Amid escalating tensions, Israel declared readiness for both defensive and offensive operations against Iran, warning of massive retaliation if Iran attacks. This heightened alertness and potential for escalation contributed to market uncertainty and declining confidence in longer-term ceasefire dates.
Israel and Lebanon cooperate on ceasefire implementation amid tensions
July 22 surges to 99%23%
Israeli and Lebanese officials worked on implementing a ceasefire agreement in southern Lebanon, with Israeli forces preparing to withdraw from pilot zones. This cooperation was part of broader efforts to stabilize the region and maintain the ceasefire framework, supporting market confidence for dates around July 22.
Israel's air defense intercepts missile fragments near Eilat, Defense Minister warns of offensive action
July 31 jumps to 94%14%
On July 21, 2026, Israel's air defense system intercepted missile fragments near Eilat for the first time since the ceasefire began, prompting Defense Minister Israel Katz to declare readiness for both defensive and offensive actions against Iran, signaling increased risk of renewed conflict.
Lebanese Armed Forces deploy additional troops to southern Lebanon pilot zones amid ceasefire tensions
July 23 jumps to 94%5%
On July 21, the Lebanese Armed Forces increased deployments in southern Lebanon pilot zones as part of a trilateral agreement, reflecting ongoing tensions in the region linked to the Iran-Israel conflict. This development influenced market confidence for July 23 and 25 outcomes.
Israeli forces begin withdrawal from pilot zones in southern Lebanon
July 22 surges to 96%21%
Israeli forces started withdrawing from designated pilot zones in southern Lebanon as part of a US-brokered plan to transfer control to the Lebanese Army, signaling progress in implementing ceasefire agreements and reducing direct conflict risks with Iran-backed Hezbollah.
US and Iran consider 10-day ceasefire proposal amid ongoing conflict
July 25 surges to 78%19%
Regional mediators including Qatar, Egypt, and Pakistan presented a 10-day ceasefire proposal to the US and Iran to cool tensions. The proposal raised hopes for a temporary pause in hostilities, positively influencing market confidence for ceasefire continuation through late July.
Regional mediators propose 10-day ceasefire to US and Iran amid ongoing conflict
July 23 jumps to 75%5%
Qatar, Egypt, Pakistan, and other regional mediators presented a proposal for a 10-day ceasefire to the US and Iran to cool tensions. This diplomatic effort raised hopes for a temporary pause in hostilities, positively influencing market confidence for ceasefire continuation through late July.
Israel activates air defenses to intercept missile debris near Eilat, signals readiness for offensive action
July 24 jumps to 92%5%
On July 21, Israel's air defense system intercepted fragments of Iranian missiles fired at Jordan that threatened Israeli territory near Eilat. Defense Minister Israel Katz declared readiness for both defensive and offensive actions against Iran, increasing market caution but not indicating a ceasefire breach.
International mediators propose 10-day ceasefire to Iran amid ongoing strikes
July 25 jumps to 84%9%
On July 21, 2026, international mediators including Pakistan re-entered peace talks and proposed a 10-day ceasefire to Iran as a confidence-building step to facilitate broader peace negotiations. This diplomatic effort helped stabilize market confidence in the ceasefire continuing.
Iranian Interior Minister visits Pakistan to seek diplomatic revival
July 25 jumps to 81%6%
Iran's Interior Minister Eskandar Momeni visited Pakistan on July 21, 2026, to engage with mediators and seek renewed diplomatic efforts to salvage the ceasefire and negotiate a permanent solution. This diplomatic activity supported market confidence in the ceasefire holding through mid to late July.
US weighs 10-day ceasefire or full military campaign against Iran
July 22 rises to 94%3%
On July 21, 2026, reports indicated that US President Trump was considering accepting a 10-day ceasefire proposal or pursuing a broader military campaign with Israel against Iran. This uncertainty caused some market volatility but overall maintained optimism for a short-term ceasefire continuation, especially for the July 22 outcome.
Israel activates air defenses against missile debris near Eilat, signals readiness for offensive action
July 28 surges to 99%33%
For the first time since the ceasefire began, Israel's air defense system intercepted missile debris near Eilat, raising concerns of escalation. Defense Minister Israel Katz declared readiness for both defensive and offensive operations against Iran, reflecting heightened alert but no direct strike on Iran, maintaining the ceasefire status.
Israel considers new military operation against Iran amid escalating tensions
July 27 rises to 75%4%
On July 21, 2026, Israel's defense minister declared readiness for offensive action against Iran, signaling potential escalation. However, no qualifying military strikes occurred, and the market remained confident in the ceasefire holding.
Lebanese Army deploys in southern town as part of pilot zones under ceasefire framework
July 22 surges to 94%19%
Lebanese forces began deploying in designated pilot zones in southern Lebanon, indicating partial implementation of ceasefire agreements involving Israel and Hezbollah, which supported market optimism about ceasefire durability.
Mediators propose 10-day ceasefire to Iran to revive interim deal
July 22 surges to 96%20%
On July 20, Iranian officials revealed that mediators had passed a proposal to Iran for a 10-day ceasefire aimed at de-escalating the war and reviving the interim agreement signed the previous month. This diplomatic move increased market confidence in the ceasefire holding through late July.
Mediators propose 10-day ceasefire in Iran-US conflict
July 26 surges to 65%15%
On July 20, 2026, mediators proposed a 10-day ceasefire to de-escalate the ongoing conflict between Iran and the US, reinforcing diplomatic efforts and contributing to market optimism about the ceasefire's continuation.
Mediators propose 10-day truce to revive US-Iran ceasefire deal
July 25 jumps to 84%14%
On July 20, 2026, mediators presented Iran with a proposal for a 10-day truce aimed at reviving the interim ceasefire deal with the US, which included provisions affecting the broader conflict involving Israel. This diplomatic development reinforced market expectations that the ceasefire between Israel and Iran would continue through the near term dates.
Mediators present Iran with 10-day truce proposal to revive interim ceasefire
July 20 rises to 96%3%
On July 20, 2026, regional mediators including Qatar, Egypt, and Pakistan presented Iran with a proposal for a 10-day truce aimed at reviving the interim ceasefire deal with the US, which included provisions affecting the broader conflict involving Israel. This diplomatic development reinforced market expectations that the ceasefire between Israel and Iran would continue through the near-term dates.
Regional mediators present 10-day ceasefire proposal to Iran and US
July 20 jumps to 99%9%
On July 20, 2026, mediators including Qatar, Egypt, and Pakistan presented a 10-day truce proposal aimed at reviving the interim ceasefire deal between Iran and the US, which also affected the broader conflict involving Israel. This diplomatic development reinforced market expectations that the ceasefire would continue through near-term dates.
US Central Command launches ninth consecutive night of strikes against Iran
July 22 jumps to 90%8%
On July 19-20, US forces conducted multiple strikes on Iranian military targets, signaling ongoing conflict and undermining ceasefire prospects, which caused market confidence in the ceasefire to dip before recovering.
Mediators propose 10-day US-Iran ceasefire to revive nuclear talks
July 20 surges to 100%49%
On July 20, 2026, mediators presented Iran with a proposal for a 10-day ceasefire aimed at de-escalating the conflict with the US and reviving an interim nuclear deal. This raised market confidence in the ceasefire continuing through near-term dates, reflected in price increases for July 20 and July 22 outcomes.
Mediators propose 10-day ceasefire to revive interim Iran-US deal
July 20 jumps to 93%6%
On July 20, mediators passed Iran a proposal for a 10-day ceasefire aimed at reviving the interim deal signed in June. This diplomatic development reinforced market confidence in the Israel-Iran ceasefire holding through July 20 and beyond, as it suggested efforts to de-escalate the broader conflict were ongoing.
Israel signals readiness for offensive action amid ongoing strikes
July 24 jumps to 95%8%
Israeli Defense Minister Israel Katz declared the military ready to take both defensive and offensive actions against Iran, following continued missile and drone attacks. This stance indicated a potential escalation, affecting market perceptions of ceasefire stability through July 24 and beyond.
Israel warns of full-force retaliation if Iran fires missiles within its borders
July 27 drops to 66%5%
On July 19, 2026, Israel threatened a full-force response to any Iranian missile strikes within its territory, signaling potential escalation and causing a slight dip in market confidence for the ceasefire continuing through late July.
Israel warns of full-force retaliation if Iran fires missiles; Iran fires missiles intercepted near Jordan
July 22 plunges to 76%18%
Israel threatened a strong military response if Iran launched missile attacks, following Iranian missile launches intercepted near Jordan and fragments landing in Israel. This heightened tensions and risk of direct conflict, reducing confidence in a sustained ceasefire through late July.
Iranian missile hits Jordan's Aqaba Airport, escalating regional tensions
July 29 jumps to 91%5%
On July 19, 2026, an Iranian missile struck Jordan's Aqaba Airport, with the Israeli military confirming missile launches from Iran toward Jordan, heightening regional tensions and raising concerns about the ceasefire's durability.
US Central Command releases video of ninth consecutive night of strikes on Iran
July 22 surges to 96%16%
On July 19, US Central Command shared video footage showing ongoing strikes against Iran, marking the ninth consecutive night of US military action. This sustained campaign underscored the fragile nature of the ceasefire and contributed to market uncertainty about its durability.
US Central Command shares video of ninth consecutive night of strikes on Iran
July 20 rises to 90%4%
On July 19, 2026, US Central Command released footage showing ongoing strikes against Iran, signaling sustained US military pressure. Iran refrained from direct attacks on Israel but continued missile barrages against US allies. Israel remained cautious, not directly engaging Iran, which supported market confidence that the Israel-Iran ceasefire remained intact through near-term dates.
Israel warns of full-force response if Iran fires missiles within its borders
July 25 drops to 70%10%
Israel threatened a full military response if Iranian missiles strike its territory, signaling a potential escalation and raising concerns about the ceasefire's durability. This warning caused a temporary dip in market confidence for the ceasefire continuing through late July.
US launches ninth consecutive night of strikes on Iran; Iran retaliates against US bases
July 20 jumps to 99%7%
On July 19, 2026, the US conducted a ninth consecutive night of strikes on Iran, while Iran retaliated by firing missiles at US bases and Gulf nations. However, no direct qualifying military actions occurred between Israel and Iran, sustaining market confidence in the ceasefire continuation through July 20.
US and Iran exchange strikes; Israel and Iran maintain ceasefire
July 20 jumps to 99%11%
On July 19, 2026, the US launched a ninth consecutive night of strikes on Iran, while Iran retaliated by firing missiles at US bases and Gulf nations. However, no direct military actions qualifying as ceasefire violations occurred between Israel and Iran, sustaining market confidence in the ceasefire continuing through July 20 and beyond.
Israel warns of full-force retaliation if Iran fires missiles within its borders
July 26 jumps to 90%10%
Israel publicly warned it would respond with full force if Iran launched missile strikes within Israeli territory, raising tensions but not breaking the ceasefire. This statement caused some market uncertainty but did not lead to immediate military action against Israel.
Iran fires missiles at Jordan's Aqaba port, intercepted by Jordanian and Israeli defenses
July 23 jumps to 95%6%
On July 19, Iran launched missiles targeting Jordan's Aqaba port, with Jordanian air defenses intercepting most missiles and Israeli Iron Dome intercepting debris threatening Israeli territory near Eilat. This incident raised regional tensions but did not break the ceasefire between Israel and Iran, reflected in stable or rising market prices for July 23 and 24.
Israel warns of full-force retaliation if Iran fires missiles within its borders
July 24 jumps to 75%9%
On July 19, 2026, Israel threatened a full-force response if Iran launched missile strikes within Israeli territory, signaling heightened military readiness and increasing market uncertainty about the ceasefire's durability.
US strikes in Iran continue; Israel remains on high alert but avoids direct attacks
July 22 surges to 94%18%
By July 18, US strikes on Iran persisted with significant casualties, while Israel refrained from direct military action against Iran, maintaining a fragile status quo that supported market confidence in the ceasefire holding through July 22-25.
US launches consecutive strikes on Iran amid fragile ceasefire breakdown
July 22 plunges to 76%23%
US military conducted multiple strikes on Iranian targets on July 17-18, increasing casualties and signaling a breakdown of the fragile ceasefire between Washington and Tehran. This escalation raised doubts about the ceasefire's durability, impacting market confidence for dates beyond July 18.
US conducts ninth consecutive night of strikes on Iran amid fragile ceasefire
July 22 jumps to 94%12%
US Central Command released footage of ongoing strikes against Iran, marking the ninth consecutive night of US military action. This sustained campaign underscored the fragile nature of the ceasefire and contributed to market uncertainty about its durability.
US military conducts strikes on Iranian targets amid fragile ceasefire
July 25 rises to 71%3%
On July 18, 2026, the US military conducted multiple strikes on Iranian military targets, escalating tensions but not involving direct Israeli-Iranian military action, supporting market confidence that the Israel-Iran ceasefire remained intact for near-term dates.
Israel abstains from strikes on Iran as ceasefire frays between US and Tehran
July 20 surges to 99%48%
Despite the breakdown of a fragile ceasefire between Washington and Tehran, Israel did not participate in recent strikes on Iran, and Iran refrained from attacking Israel. This absence of qualifying military actions between Israel and Iran supported the market's rising confidence in the ceasefire holding through July 20.
Israel refrains from strikes on Iran amid ongoing US-Iran conflict
July 18 jumps to 100%7%
Despite ongoing US strikes on Iran and Iranian threats, Israel did not engage in military actions against Iran on July 18, 2026, reinforcing market confidence that the Israel-Iran ceasefire would hold through this date.
US sends additional warplanes to Middle East as conflict with Iran intensifies
July 22 surges to 92%42%
Reports on July 18 indicated the US was deploying more warplanes, including F-35 and F-16 jets, to the Middle East to counter Iranian missile and radar capabilities. This military buildup heightened regional tensions but did not constitute a direct Israel-Iran strike, maintaining market optimism for the ceasefire continuation through July 22.
Iran retaliates with missile strikes on US bases in Saudi Arabia, Bahrain, and Jordan
July 27 surges to 100%29%
On July 18, Iran launched ballistic missile attacks on US military bases in Saudi Arabia, Bahrain, and Jordan in response to US strikes, increasing regional tensions but not directly impacting Israel or Iran's territory, maintaining the ceasefire market conditions.
Israel remains uninvolved in latest US-Iran strikes; Iran threatens US allies
July 23 jumps to 96%7%
On July 18, 2026, Israel did not participate in the recent US strikes on Iran, and Iran threatened countries assisting the US. This maintained a fragile status quo, supporting high market confidence in the ceasefire holding through mid-July dates.
US conducts multiple strikes on Iranian military targets amid ongoing conflict
July 25 jumps to 76%7%
Despite the ceasefire between Israel and Iran, the US conducted multiple strikes on Iranian military targets on July 17-18, escalating tensions but not involving direct Israeli military action against Iran, supporting market confidence that the Israel-Iran ceasefire remained intact.
US sends additional warplanes to Middle East amid intensifying conflict
July 23 jumps to 99%10%
Reports on July 18 indicated the US was deploying more warplanes, including F-35 and F-16 jets, to the Middle East to support operations against Iran. This military buildup signaled increased readiness for further strikes, influencing market confidence in the ceasefire through July 23.
US strikes Iran amid escalating conflict, Iran retaliates against US allies
July 20 surges to 92%41%
On July 17, 2026, the US conducted strikes on Iranian targets, causing casualties and escalating tensions. Iran responded with attacks on US allies in the Gulf, signaling the collapse of the interim ceasefire and increasing uncertainty about the ceasefire's continuation.
US and Iran agree to conditional two-week ceasefire amid ongoing strikes
July 26 surges to 100%50%
On July 17, 2026, the US and Iran announced a conditional two-week ceasefire agreement brokered by Pakistan, aiming to pause hostilities and allow for peace negotiations. This announcement significantly boosted market confidence in the ceasefire continuing through late July.
US launches strikes on Iranian military and surveillance sites amid rising tensions
July 20 surges to 92%41%
On July 17, the US conducted strikes on Iranian coastal surveillance, air defense sites, and military infrastructure, including the destruction of a port surveillance tower used to track commercial vessels. These actions escalated tensions but did not involve direct military action between Israel and Iran, supporting market confidence that the Israel-Iran ceasefire remained intact for near-term dates.
US and Iran escalate strikes amid fragile ceasefire
July 22 surges to 99%49%
On July 17, the US conducted multiple strikes on Iranian military and infrastructure targets, while Iran retaliated with missile and drone attacks on US-allied nations. This escalation heightened fears of a full-scale conflict, impacting market confidence in the ceasefire continuing through July 22.
US and Iran agree to conditional two-week ceasefire mediated by Pakistan
July 24 surges to 78%29%
On July 17, 2026, the US and Iran announced a two-week ceasefire agreement brokered by Pakistan, aiming to pause hostilities and reopen the Strait of Hormuz. This diplomatic breakthrough significantly increased market confidence in the ceasefire continuing through subsequent dates.
Iran launches missile attacks on Gulf states in response to US strikes
July 25 surges to 85%15%
Iran launched missile attacks on Bahrain, Jordan, Kuwait, Qatar, and the UAE on July 17, 2026, in retaliation for US strikes on Iranian infrastructure, escalating the conflict and impacting market confidence in the ceasefire.
US expands air strike campaign against Iran targeting bridges and infrastructure
July 25 surges to 90%15%
On July 17, 2026, the US expanded its air strike campaign against Iran by hitting bridges and other infrastructure to pressure Tehran to ease its blockade of the Strait of Hormuz, escalating military tensions despite the ceasefire agreement.
Iran warns of full-scale offensive if US strikes continue, targets Thai-flagged ship in Strait of Hormuz
July 22 surges to 88%38%
Iranian adviser Mohsen Rezaei warned that continued US strikes could lead to full-scale offensive operations. Iran's Revolutionary Guards targeted a Thai-flagged ship in the Strait of Hormuz for ignoring warnings, signaling ongoing tensions despite ceasefire efforts. This contributed to market uncertainty around July 20 and 22.
US launches sixth consecutive night of strikes on Iran targeting military and maritime sites
July 20 surges to 92%41%
CENTCOM reported a major wave of US strikes against Iranian military targets including coastal surveillance and air defense sites on July 16-17, aiming to degrade Iran's ability to attack commercial shipping. This escalation raised concerns about ceasefire stability, impacting market confidence for July 20 and 22 outcomes.
US deploys additional refueling aircraft to Israel amid regional tensions
July 18 surges to 96%46%
On July 17, 2026, the US sent dozens of refueling aircraft to Israel signaling preparedness for potential escalation, but no direct Israeli military action against Iran occurred, supporting market confidence in the ceasefire continuation.
US expands air strike campaign against Iran targeting bridges and infrastructure
July 26 surges to 85%17%
The US expanded its air strikes on Iran on July 17, hitting bridges and infrastructure to pressure Tehran, escalating tensions but not directly impacting Israel or Iran's terrestrial territory, thus not breaking the ceasefire market conditions.
US launches multiple strikes on Iran amid escalating conflict
July 20 surges to 78%27%
On July 17, 2026, the US military conducted strikes on Iranian military targets, marking continued hostilities after the collapse of the ceasefire earlier in July. These strikes increased tensions but did not directly involve Israel in attacks on Iran, maintaining the fragile ceasefire status between Israel and Iran. The market reflected uncertainty but maintained moderate confidence in the ceasefire holding through short-term dates.
US sends dozens of refueling aircraft to Israel amid rising tensions with Iran
July 18 surges to 96%46%
On July 17, 2026, the US deployed additional refueling aircraft to Israel, signaling preparedness for potential escalation but no direct Israeli military action against Iran occurred. This bolstered market confidence that the ceasefire between Israel and Iran remained intact as Israel refrained from strikes during this period.
US and Iran announce conditional two-week ceasefire including Israel
July 25 surges to 81%32%
On July 17, 2026, the US and Iran agreed to a conditional two-week ceasefire that included Israel, aiming to pause hostilities and reopen the Strait of Hormuz. This announcement boosted market confidence in the ceasefire continuing through near-term dates.
Iran launches missile and drone attacks on US bases in Gulf states
July 26 surges to 100%50%
In response to US strikes, Iran launched missile and drone attacks targeting US military bases in Bahrain, Kuwait, Jordan, and Saudi Arabia, escalating the conflict regionally but avoiding direct attacks on Israel, which maintained the ceasefire status between Israel and Iran.
US expands air strikes on Iranian infrastructure including bridges and ports
July 25 surges to 81%32%
The United States conducted multiple air strikes targeting Iranian military and infrastructure sites, including bridges and port surveillance towers, aiming to degrade Iran's ability to attack commercial shipping. This escalation increased tensions but did not involve direct strikes on Israel, supporting the ceasefire market's confidence.
US and Israeli forces conduct multiple airstrikes on Iranian military targets
July 22 surges to 88%38%
On July 17, the US and Israel carried out a sixth consecutive night of strikes on Iran targeting coastal surveillance, air defense sites, and military logistics infrastructure, escalating tensions but not directly involving Israel and Iran in qualifying military actions against each other. This increased market confidence in the ceasefire holding through July 22.
Iranian missile attack on US base in Jordan kills US service members
July 22 jumps to 81%6%
Iran launched missile and drone attacks on Muwaffaq Salti Air Base in Jordan on July 17, killing multiple US personnel and damaging aircraft. While this was a significant escalation in the US-Iran conflict, it did not constitute a qualifying military action directly impacting Israel or Iran, thus supporting the ceasefire market's positive movement.
US and Iran agree to conditional two-week ceasefire
July 25 surges to 81%32%
On July 17, 2026, the US and Iran entered a conditional two-week ceasefire agreement brokered by Pakistan, suspending military operations to allow for peace talks. This agreement led to a significant increase in market confidence that the ceasefire would hold through subsequent dates.




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