US and Iranian officials signed a memorandum of understanding in mid-June 2026 that extended a ceasefire, reopened the Strait of Hormuz to commercial traffic, and outlined limited sanctions relief while deferring core nuclear issues. The framework sets a 60-day window ending around mid-August for technical negotiations on uranium enrichment limits, down-blending of existing highly enriched stockpiles under IAEA supervision, verification measures, and related sanctions. Planned follow-on talks in Switzerland were postponed amid regional tensions. These developments, following earlier rounds of diplomacy and a period of direct conflict, have shaped trader assessments of whether a comprehensive final agreement on Iran's nuclear program can be finalized before the interim deadline or any specified market resolution date. Key variables include compliance steps, IAEA access, and any external pressures from other regional actors.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedCIA Director Ratcliffe and officials express doubts on Iran’s commitment to nuclear deal
Intelligence assessments revealed serious doubts about Iran’s willingness to comply with nuclear concessions, with key US officials skeptical, which further eroded market confidence in a final deal by deadlines.
Reports of ceasefire violations and resumed fighting undermine US-Iran peace deal hopes
August 31 dips to 7%1%
By late July 2026, reports emerged that nearly all provisions of the ceasefire agreement had been violated, with resumed fighting and drone attacks, reducing market confidence in a final nuclear deal being reached by deadlines.
No final nuclear deal signed by any deadline; market prices near zero
As the 60-day negotiation window closed without a qualifying final deal signed or formally adopted, market prices for all deadlines dropped to near zero, reflecting consensus that no deal would be reached by the specified dates.
No final qualifying nuclear deal signed by US and Iran by deadline
July 31 dips to 0%1%
By July 25, 2026, no qualifying written diplomatic instrument with specific, measurable nuclear restrictions had been signed or formally adopted by both the US and Iran, leading markets to price near zero for early deadlines.
Trump reiterates Iran not ready for deal, links Saudi normalization with Israel to nuclear pact
President Trump stated Iran was not ready for a deal and demanded Saudi Arabia normalize ties with Israel for the US-Saudi nuclear agreement to take effect, highlighting regional complexities affecting US-Iran negotiations.
President Trump states Iran is 'not ready to make a deal' but talks continue
September 30 dips to 12%2%
President Trump expressed skepticism about Iran’s readiness to finalize a deal, though he acknowledged ongoing talks, reflecting persistent uncertainty and keeping market probabilities low.
President Trump states US and Iran remain in talks amid potential escalation
December 31 rises to 33%3%
On July 24, 2026, President Trump said the US and Iran were still in talks and that Iran was getting more serious, but also discussed potential escalation if negotiations failed, reflecting ongoing uncertainty and pressure on the market.
US and Iran hold second round of talks in Doha despite ongoing strikes
On July 24, 2026, the US and Iranian negotiating teams conducted a second round of talks on implementing the memorandum of understanding, even as military strikes and drone attacks continued. This showed ongoing diplomatic engagement but persistent obstacles to a final deal, maintaining low market confidence.
US signs nuclear deal with Saudi Arabia, signaling regional strategic shifts
December 31 dips to 30%3%
On July 23, 2026, the US and Saudi Arabia signed a civil nuclear agreement allowing Saudi enrichment capabilities, signaling a strategic message to Iran and complicating the regional nuclear landscape, which negatively affected market optimism for a US-Iran deal.
US President Trump states Iran 'not ready to make a deal' but soon will be
August 13 dips to 2%1%
President Trump publicly stated that Iran was not yet ready to finalize a deal but expected progress soon, reflecting ongoing delays and uncertainty in negotiations. This statement contributed to further market decline in the probability of a final deal by near-term deadlines.
US confirms nuclear pact with Saudi Arabia, raising regional tensions
December 31 dips to 31%2%
The United States signed a nuclear cooperation agreement with Saudi Arabia, which alarmed Israel and complicated the regional dynamics, undermining prospects for a US-Iran final nuclear deal and contributing to market declines.
US signs 30-year civil nuclear cooperation agreement with Saudi Arabia amid Iran tensions
December 31 dips to 30%3%
On July 22, 2026, the US signed a long-term civil nuclear cooperation deal with Saudi Arabia, including uranium enrichment facilities. This move, seen as a regional realignment amid the Iran conflict, raised concerns about proliferation and reduced optimism for a US-Iran final nuclear deal, contributing to market declines.
US signs nuclear cooperation deal with Saudi Arabia, signaling regional strategic shifts
December 31 dips to 30%2%
On July 22, 2026, the US and Saudi Arabia signed a nuclear cooperation agreement allowing Saudi uranium enrichment, seen as a strategic signal to Iran and impacting market perceptions of the US-Iran deal's prospects.
Iranian President Pezeshkian rules out including missile program in final agreement
August 31 dips to 26%2%
On July 21, 2026, Iranian President Pezeshkian declared Iran's ballistic missile program would not be part of any final deal, highlighting rigid negotiation positions and reducing market optimism for a comprehensive agreement.
US Vice President JD Vance announces Iran agreed to return of UN nuclear inspectors
July 31 jumps to 6%5%
Vice President Vance stated Iran agreed to allow IAEA inspectors back into the country as part of sanctions-lifting and oil export agreements, a positive but insufficient step toward a final deal, causing minor market uptick.
US Treasury waives oil sanctions on Iran through August 21 under interim deal
August 18 dips to 19%1%
The US Treasury confirmed temporary waivers on Iranian oil sanctions through August 21, aligning with the 60-day negotiation window and signaling ongoing but delayed progress toward a final deal.
US Vice President Vance announces Iran agreement to allow IAEA inspectors
July 31 jumps to 6%5%
Vance's announcement that Iran would permit IAEA nuclear inspections provided the first concrete measurable nuclear concession since the MOU, briefly lifting market confidence for the July 31 deadline.
US Treasury grants 60-day sanctions waiver for Iranian oil sales
August 18 dips to 19%3%
The US Treasury issued a temporary sanctions waiver allowing Iranian oil exports through August 21, aligning with the negotiation window but signaling no final deal imminent, causing market odds for August deadlines to drop.
Iran rules out near-term US talks, cooling expectations for deal progress
December 31 rises to 45%2%
Iran’s foreign ministry spokesperson said no Iran-US talks are scheduled in the coming days, dampening expectations for near-term progress and keeping market focus on late-2026 deal deadlines.
Uncertainty remains over progress toward final nuclear deal and enriched uranium disposition
By mid-July, it was unclear if progress had been made toward resolving Iran's nuclear stockpile disposition or reaching a final deal, with Iran refusing IAEA access to bombed sites, dampening market expectations for all deadlines.
Reports indicate no significant progress on final nuclear deal; Iran refuses inspections at bombed sites
December 31 rises to 32%4%
By mid-July 2026, reports highlighted stalled progress toward a final deal, with Iran refusing IAEA inspections at bombed nuclear sites, undermining market confidence in a timely final agreement.
US and Iran establish working groups to negotiate final deal within 60 days
July 31 dips to 1%4%
Following high-level regional visits, mediators announced formation of working groups for final deal negotiations, confirming that no final deal would be reached by June or July deadlines, depressing market prices.
Iran rules out near-term US talks, cooling expectations for deal progress
December 31 rises to 45%1%
Iran’s foreign ministry spokesperson said no Iran-US talks were scheduled in the coming days, dampening expectations for near-term progress and keeping market odds low for early deadlines while supporting some chance for a late 2026 deal.
Iran cancels technical talks amid rising tensions and attacks
December 31 plunges to 30%16%
Iran's decision to cancel participation in technical talks after recent attacks raised doubts about the continuation of diplomacy, causing market prices for near-term deal deadlines to plummet and shifting probability toward later dates.
Analysis highlights US-Iran peace deal as fragile truce with nuclear question deferred
December 31 rises to 32%2%
Analyses in mid-July emphasized that the US-Iran peace deal was a fragile truce deferring the comprehensive nuclear agreement to future talks, reflecting the market's growing skepticism about a final deal by the deadlines.
Iranian President Pezeshkian rules out including missile program in final deal
August 31 dips to 24%2%
Pezeshkian declared Iran's ballistic missile program will never be part of any future agreements, signaling rigid negotiation boundaries and reducing market optimism for a comprehensive final deal.
Iran suspends commitments under memorandum of understanding amid renewed conflict
August 13 drops to 2%11%
Iranian officials announced suspension of commitments under the MOU, citing resumed hostilities and lack of progress, which severely undermined market confidence in a timely final deal.
Iran's Assembly of Experts calls for assassination of Trump and Netanyahu
August 18 dips to 5%4%
Iranian clerics issued a statement calling for the assassination of Donald Trump and Benjamin Netanyahu, urging a hardline stance in negotiations and criticizing reopening the Strait of Hormuz, increasing geopolitical tensions and market uncertainty.
Iran refuses UN inspectors access to bombed nuclear sites, blocking verification
July 31 dips to 1%4%
Iran’s public rejection of UN nuclear inspections at damaged sites confirmed disputes over concrete nuclear commitments, severely dampening market optimism for a qualifying final deal by July 31.
Iran cancels technical talks after recent attacks, raising doubts on diplomacy
December 31 rises to 45%1%
Iran's cancellation of technical talks following recent attacks heightened concerns about the viability of ongoing negotiations, causing a slight rise in odds for a deal by December 31 but dampening confidence in earlier deadlines.
President Trump declares Iran deal 'over' amid renewed military strikes
August 13 dips to 2%1%
President Trump publicly stated that the memorandum of understanding with Iran was no longer in effect due to resumed hostilities and military strikes, sharply reducing market confidence in a final deal.
US President Trump claims Iran's nuclear capabilities severely degraded and Strait of Hormuz open
December 31 plunges to 31%15%
Trump publicly asserted that Iran's nuclear program had been significantly weakened and that the Strait of Hormuz was open, signaling a hardline stance and diminishing market expectations for a near-term final nuclear deal.
Reports of Iran rebuilding nuclear sites in breach of MOU raise concerns
August 13 dips to 2%1%
On July 14, 2026, satellite images suggested Iran might be rebuilding nuclear sites in apparent breach of the memorandum of understanding, undermining trust and reducing market confidence in a final deal by early deadlines.
Iran and US agree on mechanism to resolve enriched uranium stockpile disposition
August 31 drops to 7%6%
By mid-July, the US and Iran agreed to resolve the disposition of enriched uranium stockpiles under IAEA supervision, but details remained unclear, leaving market optimism low for a final deal by early deadlines.
Iranian officials suspend commitments under the memorandum of understanding
August 18 dips to 4%1%
On July 14, Iranian officials announced suspension of their commitments under the MoU, signaling a breakdown in trust and further reducing market confidence in a final deal by near-term deadlines.
Iran refuses to allow IAEA inspectors to visit bombed nuclear sites
August 18 dips to 5%4%
By mid-July 2026, Iran had not permitted IAEA inspectors to access bombed nuclear sites, undermining trust and signaling a lack of progress on concrete nuclear restrictions, which pressured market prices downward.
Domestic protests in Iran against peace talks and foreign minister amid MoU review
August 18 drops to 4%6%
On July 14, 2026, Iranian media reported ongoing review of the MoU with the US, while domestic protests erupted against top diplomats involved in the peace talks, reflecting internal opposition and uncertainty that weighed on market confidence.
Iran's Assembly of Experts calls for hardline stance and assassination of Trump and Netanyahu
December 31 dips to 28%2%
On July 14, 2026, Iran's Assembly of Experts issued a statement urging a hardline approach in negotiations and called for assassination of US and Israeli leaders, signaling deteriorating diplomatic relations and reducing deal prospects.
Iran cancels technical talks amid attacks, raising doubts on diplomacy
December 31 rises to 45%1%
Iran reportedly canceled participation in technical talks after recent attacks, sharpening focus on whether diplomacy can stay on track. This uncertainty caused a slight rise in odds for a deal by December 31 but kept near-term deadlines low.
Mediators work to de-escalate US-Iran tensions amid renewed strikes
August 18 plunges to 5%15%
Following recent strikes and threats from both sides, mediators sought to revive talks, but Iran warned of readiness for all-out defense, and US President Trump issued grave threats, sustaining market uncertainty and low odds for early deals.
Renewed US-Iran tensions and military strikes undermine ceasefire and nuclear talks
August 18 plunges to 5%15%
Following drone attacks and US retaliatory strikes, both sides publicly accused each other of violations, with Iran warning of 'all-out defense' and US President Trump declaring the ceasefire over, severely damaging prospects for a final deal and pushing market prices down.
Iran accuses US of violating nuclear program clause in MoU amid tensions
August 18 dips to 4%1%
Iran's foreign minister accused the US Treasury Secretary of violating the memorandum of understanding's clause on Iran's nuclear program, escalating tensions and undermining confidence in a final deal, contributing to market prices near zero for all near-term outcomes.
Iran denies new concessions on nuclear program amid ongoing talks
August 31 plunges to 7%19%
Iranian officials denied new concessions on their nuclear program and stated that outcomes would be subject to their supreme national security council, reinforcing skepticism about near-term final agreement prospects and contributing to market uncertainty.
Iran signals readiness for defense if US breaks memorandum, tensions rise
August 18 drops to 4%9%
On July 10, 2026, Iran’s chief negotiator warned of readiness for all-out defense if the US violates the MoU, amid resumed military tensions and slow reopening of the Strait of Hormuz. This increased doubts about the final deal’s feasibility, pushing market prices lower.
Iran accuses US Treasury Secretary of violating nuclear program clause in MoU
December 31 dips to 38%4%
Iran's foreign minister publicly accused the US Treasury Secretary of violating the MoU's clause on maintaining the status quo of Iran's nuclear program, highlighting tensions and compliance disputes. This development increased doubts about reaching a final deal by market deadlines.
Satellite images suggest Iran may be rebuilding nuclear sites amid stalled talks
December 31 dips to 28%2%
Exclusive satellite imagery released on July 10, 2026, indicated Iran might be rebuilding nuclear sites, potentially breaching the MoU and dampening market optimism for a final deal by the deadlines.
Mediators work to de-escalate US-Iran tensions amid renewed strikes and distrust
August 31 drops to 13%11%
By July 10, 2026, renewed strikes and mutual accusations between the US and Iran increased tensions, with Iran warning of all-out defense and the US stating nuclear talks cannot proceed without safe passage in the Strait of Hormuz, dampening market confidence.
Satellite images suggest Iran rebuilding nuclear sites, raising compliance doubts
August 13 drops to 2%12%
Exclusive satellite imagery indicated Iran may be rebuilding nuclear sites in breach of the MoU, undermining confidence in Iran’s commitment to a final deal with concrete nuclear limits, leading to market declines for near-term outcomes.
Iran accuses US of violating MoU nuclear clause amid ongoing negotiations
August 13 dips to 2%3%
Iran’s foreign minister accused the US Treasury Secretary of violating the MoU by imposing new sanctions, raising tensions and casting doubt on the negotiation process. This development further reduced market confidence in a timely final deal, reflected in continued price declines.
Satellite images suggest Iran rebuilding nuclear sites, possibly breaching MoU
August 31 dips to 24%4%
Exclusive satellite images indicated Iran may be attempting to rebuild nuclear sites in apparent breach of the memorandum of understanding, raising doubts about Iran's compliance and negatively impacting market sentiment.
Satellite images suggest Iran may be rebuilding nuclear sites, raising compliance concerns
August 31 dips to 24%4%
On July 10, 2026, satellite imagery indicated Iran might be reconstructing nuclear facilities, potentially breaching the memorandum of understanding and increasing doubts about a final deal, contributing to market declines.
Satellite images suggest Iran may be rebuilding nuclear sites, raising compliance concerns
August 18 plunges to 5%15%
Exclusive satellite imagery indicated Iran might be reconstructing nuclear facilities in breach of the memorandum, increasing doubts about Iran's commitment and causing market confidence to decline further.
Iran’s former leader Ayatollah Ali Khamenei buried amid ongoing tensions
August 18 drops to 5%5%
The burial of Iran’s former leader marked a significant moment in Iran’s political landscape during the negotiation period, with ceremonies beginning July 4 and lasting several days, contributing to regional uncertainty and market caution.
President Trump declares US-Iran ceasefire 'over' amid renewed hostilities
President Trump publicly declared the ceasefire with Iran over following renewed strikes and tensions in the Middle East, signaling a breakdown in the peace process and causing sharp declines in market confidence for near-term deal completion.
US launches new airstrikes on Iran amid escalating tensions
On July 8, 2026, the US resumed airstrikes against Iranian targets following drone attacks on commercial ships in the Strait of Hormuz. This military escalation increased doubts about the durability of the ceasefire and the likelihood of a final nuclear deal, causing sharp market declines across all deadlines.
Iran denies agreement to allow UN inspectors at nuclear sites damaged by strikes
August 31 drops to 13%11%
Iran's denial of allowing UN inspections at damaged nuclear sites contradicted US statements, raising doubts about Iran's commitments and causing a sharp market decline in odds for a final deal.
Iran cancels technical talks amid recent attacks
December 31 rises to 45%1%
Iran reportedly decided to cancel participation in technical talks after recent attacks, raising doubts about the continuity of diplomacy and causing a slight increase in odds for a deal by December 31, reflecting longer-term expectations.
Satellite imagery shows Iranian nuclear site activity amid negotiations
August 13 dips to 3%4%
Satellite images revealed new Iranian activity at nuclear-related sites such as Pickaxe Mountain, which some analysts argue violates the June 14 MOU's requirement to maintain the status quo during negotiations. This raised concerns about Iran's commitment and pressured market prices downward for near-term deal resolution.
Iran says it will charge fees for Strait of Hormuz traffic
July 31 dips to 1%1%
Iran announced it would charge transit fees for the Strait of Hormuz, contradicting earlier U.S. statements that the strait would reopen toll‑free; the tension lowered confidence and helped push the “July 31” price to its low of 1 % (price before 2 %, after 1 %).
US President Trump praises 'very good meetings' in Qatar talks with Iran
President Trump hailed the indirect talks in Qatar as 'very good meetings' and said denuclearization negotiations were moving along well, signaling US optimism despite no immediate final deal, which helped stabilize market expectations for a later deal date.
Qatar says Doha meetings show “positive progress” but funeral rites may delay next phase
July 31 dips to 2%4%
Qatar reported “positive progress” in separate Doha meetings, but also noted that funeral ceremonies for Iran’s former supreme leader would delay the next negotiation phase. The mixed news contributed to the final slide toward the lowest price.
NYT analysis: Interim US‑Iran MOU lacks concrete nuclear limits
An NYT piece highlighted that the interim MOU contains no concrete, measurable nuclear limit, reinforcing market belief that a qualifying instrument was unlikely before the July 31 deadline, pushing the “Yes” probability to its lowest level.
US and Iran conclude two days of indirect talks in Qatar with major questions unresolved
After two days of indirect negotiations in Qatar, US and Iranian officials concluded talks without breakthroughs on key issues like nuclear program limits and sanctions relief, leaving the final deal uncertain and dampening market confidence for near-term resolution.
US envoys meet Qatar emir in Switzerland, no nuclear breakthrough announced
Reports that US envoys met with Qatar’s emir in Switzerland without securing any nuclear benchmark further eroded confidence that a final, measurable agreement would be signed by the early‑July deadline, deepening the market’s fall for the July‑31 outcome.
US and Iran technical talks continue in Doha focusing on Strait of Hormuz
December 31 dips to 28%3%
By July 1, 2026, US and Iran technical experts remained engaged in detailed talks in Doha to implement the MOU, including nuclear program discussions and reopening the Strait of Hormuz. The ongoing negotiations without a final deal contributed to further market price declines reflecting skepticism about timely resolution.
Vice President Vance says Doha talks are “going well” and nuclear talks will start soon
December 31 jumps to 55%10%
Vance told CNN that talks in Doha were “going well” and that technical negotiations on the nuclear issue would start soon. The optimistic tone gave a brief lift to the market before it fell again later in the week.
Iranian President rules out including missile program in final deal
August 31 dips to 26%2%
Iranian President Masoud Pezeshkian declared Iran's missile program will never be part of any future agreement, reinforcing Tehran's rigid negotiating position and reducing market optimism for a comprehensive final deal by August 31.
US and Iranian negotiators hold indirect talks in Doha, report positive progress
August 31 dips to 24%4%
Indirect meetings in Doha between US and Iranian negotiators made positive progress on issues tied to the memorandum of understanding, with both sides agreeing to continue discussions, but no final deal was reached, keeping market optimism low for near-term deadlines.
US and Iran hold indirect talks in Doha with positive progress
August 31 rises to 26%2%
Indirect meetings between US and Iranian negotiators in Doha were reported as making positive progress on issues tied to the memorandum of understanding, maintaining cautious optimism about ongoing negotiations despite no final deal.
US and Iran hold technical talks in Doha focused on Strait of Hormuz
December 31 dips to 31%4%
Technical talks in Doha focused on securing the Strait of Hormuz and advancing peace deal details. Continued negotiations indicated progress but no final agreement, maintaining low market probabilities for near-term deal closure.
US and Iran conclude technical talks in Doha with no major progress
August 31 dips to 24%2%
The US and Iran ended a round of indirect technical talks focused on issues resolved in the interim agreement but made no headway toward a final deal, maintaining market skepticism about near-term resolution.
US and Iranian negotiators hold separate talks in Doha with positive progress
July 31 dips to 1%4%
On July 1, 2026, US and Iranian negotiators met separately with Qatari and Pakistani mediators in Doha, reporting positive progress and agreeing to continue discussions. This indicated ongoing engagement but no final deal, contributing to low market probabilities for early deadlines.
US and Iran enter technical talks in Doha focused on Strait of Hormuz
September 30 dips to 27%3%
Technical experts from both sides and mediators continued detailed implementation talks, signaling ongoing but slow progress toward a final deal, contributing to further market declines in deal probability.
Iran sends delegation to Doha for implementation talks, rejects direct US nuclear talks
August 18 dips to 18%2%
Iran announced it would send a delegation to Doha to discuss implementing the US-Iran MOU but continued to reject direct nuclear negotiations with the US delegation. This stance indicated ongoing diplomatic challenges and contributed to market skepticism about a final deal by earlier deadlines.
Iran’s President says missile program will never be part of final deal
August 31 plunges to 24%21%
President Pezeshkian publicly ruled out any inclusion of Iran’s ballistic‑missile program in the final agreement, reinforcing Tehran’s hardline stance and further eroding confidence that a comprehensive nuclear instrument would be signed by late August, pushing the August‑31 odds down to 24 %.
US and Iran hold technical talks in Doha focusing on Strait of Hormuz reopening
August 13 dips to 7%3%
Technical negotiations continued in Doha to work out details of the peace deal, including reopening the Strait of Hormuz, but no final agreement was reached, contributing to declining market confidence in near-term deal closure.
US and Iranian negotiators conclude indirect talks in Qatar with positive progress
December 31 rises to 48%2%
Indirect negotiations in Doha between US and Iranian teams mediated by Qatar and Pakistan concluded with positive progress and agreement to continue discussions, though no breakthrough final deal was reached, reflecting ongoing cautious optimism.
US and Iran hold technical talks in Doha focused on Strait of Hormuz and peace deal
August 31 dips to 24%4%
Following the initial MoU, US and Iranian officials engaged in technical talks in Doha to work on implementation details including maritime security and sanctions relief, signaling ongoing but slow progress in negotiations.
US and Iran hold indirect talks in Doha, technical negotiations continue
Technical teams from both sides met in Doha with mediators to discuss implementation details of the MoU, including nuclear issues and sanctions relief. While talks were described as going well, unresolved issues and Iran’s cautious stance kept market confidence low for near-term deal resolution.
Vice President Vance says US‑Iran talks in Doha are going well
July 31 dips to 2%4%
During a live interview Vance said talks in Doha were “going well” and that technical negotiators were about to start discussions on the nuclear issue. The optimism briefly halted the slide for the July‑31 outcome before the next negative development.
Vice President JD Vance says US-Iran talks in Doha are 'going well' but nuclear discussions to start soon
August 31 rises to 28%4%
US Vice President JD Vance reported progress in indirect talks in Doha, raising some optimism, but noted that detailed nuclear negotiations had not yet begun, maintaining cautious market sentiment.
US and Iranian negotiators meet separately with mediators, agree to continue talks
Separate meetings between US and Iranian negotiators with Qatari and Pakistani mediators resulted in positive progress and agreement to continue discussions, sustaining cautious market optimism for eventual deal completion.
US and Iran hold indirect talks in Doha with positive progress reported
December 31 dips to 46%2%
Qatar reported positive progress in indirect US-Iran talks in Doha focusing on the memorandum of understanding's implementation, including nuclear issues. US Vice President JD Vance stated talks were going well, sustaining some market confidence for longer-term deal dates but not reversing declines for near-term outcomes.
US and Iran conclude indirect talks in Doha without breakthroughs
August 13 drops to 2%5%
After two days of indirect negotiations in Qatar, US and Iranian officials ended talks without breakthroughs on key issues like nuclear limits and sanctions relief, leaving the final deal uncertain and dampening market confidence for near-term resolution.
U.S. envoys arrive in Qatar for talks on Iran after weekend attacks
July 31 plunges to 6%39%
U.S. and Iranian delegations met with mediators in Doha to discuss the preliminary agreement, but no new nuclear‑specific obligations were disclosed, reinforcing market pessimism about a qualifying instrument before the deadline.
US and Iran hold high-level talks in Switzerland, agree on roadmap
July 31 dips to 35%3%
US and Iranian officials met in Switzerland for direct talks following the June 14 MoU, agreeing on a roadmap for a lasting deal within 60 days. This indicated ongoing engagement but also highlighted the complexity and slow pace of negotiations, causing mixed market reactions.
Dispute arises over Iran's agreement to nuclear inspections, creating uncertainty
August 13 drops to 2%12%
By late June 2026, conflicting statements between the US and Iran about Iran's commitment to allow UN nuclear inspections created uncertainty and dampened market confidence in a final deal by July 31 and August 13 deadlines.
US and Iran hold second round of talks on implementing memorandum amid renewed fighting
August 31 drops to 13%11%
Despite ongoing drone attacks and military tensions, US and Iranian teams met in Doha to discuss implementing the memorandum, but the resurgence of fighting dampened hopes for a swift final deal, pushing prices down.
Trump says U.S.–Iran talks will resume in Doha after weekend attacks
September 30 dips to 28%4%
Trump announced a tentative meeting in Doha after weekend attacks, signalling a possible resumption of talks. The market reacted positively but not enough to restore confidence, leading to a modest decline.
US and Iran agree to halt strikes and plan talks in Qatar amid Strait of Hormuz dispute
July 31 dips to 3%2%
The US and Iran agreed to a temporary halt in military strikes and planned to hold talks in Doha to address disputes over the Strait of Hormuz, easing immediate tensions and supporting ongoing diplomatic efforts.
US and Iran hold technical talks in Doha with positive progress
December 31 drops to 38%7%
Technical negotiators from both sides met in Doha to discuss details of the MoU, including nuclear issues, but no final agreement was reached, leading to continued market uncertainty and price declines.
Next round of US-Iran negotiations scheduled in Burgenstock, Switzerland
December 31 dips to 46%2%
Following the initial 60-day period start, the US and Iran planned further talks in Switzerland to continue negotiations on nuclear and sanctions issues. The scheduling of these talks indicated ongoing dialogue but no immediate final deal, contributing to declining market confidence in near-term resolution.
US‑Iran agree to halt attacks in Strait of Hormuz amid lingering drone strikes
August 31 plunges to 24%21%
A joint statement said the parties had agreed to a temporary halt to attacks in the Strait of Hormuz, but also noted that recent Iranian drone strikes threatened the cease‑fire. The mixed progress contributed to the steady decline of the August‑31 odds to the low‑20 % range.
US and Iran agree to halt attacks in Strait of Hormuz amid ceasefire tensions
A US official announced agreement with Iran to halt attacks in the Strait of Hormuz, ensuring free passage of vessels. This reduced immediate conflict risks but ongoing disputes and attacks kept market uncertainty high regarding final deal timing.
US strikes multiple targets in Iran in response to tanker attack, challenging ceasefire
July 31 dips to 3%2%
Following an Iranian drone attack on a commercial vessel, the US conducted military strikes on Iranian targets, escalating tensions and casting doubt on the durability of the interim agreement, leading to market uncertainty and price declines.
IAEA confirms technical work started to inspect Iran’s nuclear sites under US-Iran deal
IAEA Director General Rafael Grossi announced that technical work had begun to inspect Iran’s nuclear sites as part of the US-Iran interim peace agreement, reinforcing the deal’s nuclear verification mechanisms but with ongoing uncertainties.
IAEA chief confirms US-Iran interim deal grants nuclear site inspection access
IAEA Director General Rafael Grossi stated that the interim peace deal allows UN inspectors access to Iran's nuclear sites, providing a concrete nuclear-related concession that briefly supported market confidence.
Iran fires drones at Strait of Hormuz, violating 60-day ceasefire extension agreement
June 30 plunges to 0%39%
On June 26, President Trump stated that Iran fired four one-way attack drones at the Strait of Hormuz, one impacting a cargo ship, violating the temporary 60-day ceasefire extension. This military action increased tensions and raised doubts about Iran's compliance, negatively impacting market confidence in a final deal by the deadline.
IAEA chief confirms nuclear inspections under US-Iran interim peace deal
December 31 dips to 46%2%
On June 26, 2026, IAEA Director General Rafael Grossi stated that the US-Iran interim peace deal allows UN inspectors access to Iran’s nuclear sites, providing a concrete, measurable benchmark. This announcement supported the possibility of a final deal but did not confirm its signing, keeping market optimism limited.
IAEA confirms inspectors have access to Iran’s nuclear sites under interim peace deal
December 31 rises to 46%1%
The International Atomic Energy Agency's director confirmed that the US-Iran interim peace deal grants inspectors access to Iran’s nuclear sites, reinforcing verification mechanisms and providing some assurance to markets about compliance monitoring.
IAEA confirms inspectors' access under US-Iran interim peace deal
December 31 rises to 48%2%
The International Atomic Energy Agency's director confirmed that the interim peace deal between the US and Iran grants inspectors access to Iran's nuclear sites, reinforcing the monitoring framework. This official confirmation helped stabilize market expectations for a final deal but did not immediately boost near-term resolution probabilities.
IAEA says U.S.–Iran interim deal grants inspectors access to Iranian nuclear sites
September 30 rises to 32%4%
IAEA Director General Rafael Grossi announced that the interim peace deal gave inspectors access to Iran, reinforcing the perception of a concrete nuclear restriction and briefly halting the market’s decline.
IAEA confirms inspectors will visit Iranian nuclear sites under interim deal
December 31 rises to 46%1%
IAEA Director General Rafael Grossi confirmed that inspectors would have access to Iran's nuclear sites as part of the interim peace deal, providing some reassurance and briefly stabilizing market prices.
IAEA chief says interim U.S.–Iran deal grants UN inspectors access
IAEA Director General Grossi confirmed that the interim MOU gave UN inspectors access to Iranian nuclear sites, but again no measurable cap on enrichment was included, cementing market perception that the instrument does not meet the market’s qualifying criteria.
IAEA chief confirms inspectors will visit Iranian nuclear sites under interim deal
July 31 dips to 4%1%
IAEA Director General Rafael Grossi confirmed that inspectors would visit Iranian nuclear sites under the interim deal, though he acknowledged a 'war of statements' between the US and Iran over the timing of these visits.
IAEA confirms inspectors will visit Iranian nuclear sites under interim deal
August 13 drops to 3%9%
On June 26, 2026, IAEA Director General Rafael Grossi confirmed that the US-Iran interim peace deal allows UN inspectors access to Iran’s nuclear sites, a key verification step. However, Iran denied new inspection commitments, creating uncertainty and dampening market confidence.
IAEA confirms UN inspectors will have access under US‑Iran interim deal
December 31 rises to 48%2%
IAEA Director General Grossi confirmed that the interim peace deal gives UN inspectors access to Iranian sites, but the statement stressed that the underlying nuclear limits remained undefined, prompting another price dip for the September‑December outcomes.
Trump says Iran fired drones at Strait of Hormuz, violating cease‑fire
July 31 drops to 1%5%
President Trump claimed Iran had launched four one‑way attack drones at the Strait of Hormuz, breaching the cease‑fire. The allegation sharply reduced confidence that a final nuclear instrument would be signed by the June 30 deadline, pushing the July‑31 “Yes” probability to near‑zero.
IAEA chief confirms nuclear inspections under interim US-Iran peace deal
July 31 rises to 6%1%
IAEA Director General Rafael Grossi confirmed that the interim peace deal grants inspectors access to Iran's nuclear sites, providing a concrete, measurable nuclear provision and temporarily boosting market confidence.
IAEA confirms US-Iran interim deal allows nuclear inspections in Iran
September 30 drops to 20%8%
The IAEA Director General confirmed that the interim peace deal between the US and Iran grants UN inspectors access to Iran’s nuclear sites, affirming a key verification mechanism and providing some market reassurance.
IAEA Director General confirms inspectors will visit Iranian nuclear sites under interim deal
December 31 jumps to 45%13%
IAEA chief Rafael Grossi confirmed that the interim peace deal grants UN inspectors access to Iran’s nuclear sites, providing a concrete verification step but not a final deal, stabilizing market sentiment.
IAEA chief says interim US‑Iran pact gives inspectors access to sites
September 30 plunges to 28%17%
IAEA Director General Rafael Grossi said the interim peace deal gave UN inspectors access to Iranian sites, reinforcing the view that a measurable nuclear limitation was part of the written instrument. This modestly restored some market confidence, halting the sharp decline.
IAEA confirms inspectors will visit Iranian nuclear sites under interim deal
IAEA Director General Rafael Grossi confirmed that the interim US-Iran peace deal allows UN inspectors access to Iran’s nuclear sites, reinforcing the inspection component of the agreement and briefly supporting market optimism.
IAEA chief confirms inspectors will visit Iranian nuclear sites under interim deal
August 31 rises to 28%4%
On June 26, 2026, IAEA Director General Rafael Grossi confirmed that inspectors would have access to Iran's nuclear sites as part of the interim peace deal, providing some reassurance to markets about verification mechanisms.
IAEA confirms US-Iran interim peace deal allows nuclear inspections
August 13 dips to 12%1%
The IAEA director confirmed that the interim peace deal between the US and Iran permits UN nuclear inspectors to access Iranian sites, a critical verification step. However, full resolution of nuclear program limits remained pending, maintaining market uncertainty.
IAEA confirms US-Iran interim peace deal grants inspectors access to nuclear sites
December 31 drops to 45%10%
On June 26, 2026, IAEA Director Rafael Grossi stated that the US-Iran interim peace deal allows UN inspectors access to Iran's nuclear sites, providing a concrete nuclear-related concession that influenced market prices.
IAEA confirms US-Iran interim peace deal allows nuclear inspections
August 18 plunges to 22%23%
The IAEA director confirmed that the interim peace deal grants inspectors access to Iran’s nuclear sites, supporting the market's belief in some concrete nuclear commitments, though Iran publicly denied new inspection plans, causing mixed signals.
US and Iran sign interim peace deal granting UN nuclear inspectors access to Tehran's nuclear sites
December 31 drops to 45%10%
The interim peace deal signed by the US and Iran includes provisions for IAEA supervision and access to nuclear sites, marking progress in nuclear oversight and influencing market optimism about a final deal.
IAEA confirms nuclear inspectors to visit Iran under interim peace deal
December 31 drops to 45%10%
IAEA Director General Rafael Grossi confirmed that inspectors would soon visit Iran's nuclear sites, marking a concrete step toward compliance verification and supporting the framework for a final deal, temporarily supporting market optimism.
IAEA confirms access to Iran's nuclear sites under interim peace deal
December 31 rises to 48%2%
The IAEA Director General confirmed that the interim peace deal grants UN inspectors access to Iran's nuclear sites, supporting US claims and providing some reassurance to markets, though skepticism remained about full compliance.
Iran fires drones at Strait of Hormuz, violating 60-day ceasefire extension
July 31 dips to 1%4%
Iran launched drone attacks on vessels in the Strait of Hormuz, violating the ceasefire agreement and escalating tensions. This military action severely undermined confidence in Iran's compliance, causing market probabilities for a final deal by June 30 to plunge to near zero.
President Trump accuses Iran of violating ceasefire with drone attack in Strait of Hormuz
July 31 dips to 3%2%
President Trump stated that the Iranian regime fired four one-way attack drones at the Strait of Hormuz, with one impacting a large cargo ship, violating the temporary 60-day ceasefire extension agreement. This incident heightened tensions and reduced market confidence in a timely final deal.
IAEA Chief Confirms Interim US-Iran Deal Grants Access to Tehran's Nuclear Sites
December 31 drops to 45%10%
IAEA Director General Rafael Grossi confirmed that the interim MOU gives UN inspectors access to Iranian nuclear sites, though the lack of immediate concrete enrichment caps kept traders cautious.
IAEA confirms inspectors will have access to Iran's nuclear sites under interim deal
December 31 drops to 48%7%
The IAEA Director General confirmed that the interim peace deal grants UN inspectors access to Iran's nuclear sites, supporting the US claim and providing some reassurance to markets, though skepticism remained.
Iran denies US claims of agreement on nuclear inspections
July 31 plunges to 1%44%
Iran publicly denied agreeing to allow UN inspectors access to bombed nuclear sites, contradicting US statements and creating uncertainty about the scope of nuclear commitments. This dispute dampened market confidence for near-term deal deadlines.
VP Vance says Iran will let UN nuclear inspectors return
August 13 dips to 13%1%
Vice‑President JD Vance announced that Iran had agreed to allow IAEA inspectors back, but reporters noted that precise nuclear limits were still unresolved. The announcement nudged the “August 13” market down to 13 % (from 14 %).
Trump Threatens to Abandon Iran Negotiations Over Strait of Hormuz Toll Proposals
August 31 dips to 24%4%
President Donald Trump warned he would walk away from talks if Iran and Oman attempted to impose transit fees on commercial vessels in the Strait of Hormuz, highlighting the fragility of the ongoing negotiations.
IAEA chief confirms nuclear inspections will happen but timing is flexible
IAEA Director General Rafael Grossi stated that nuclear inspections in Iran will occur as part of the interim deal, emphasizing the importance of inspections despite political disputes over timing, supporting market expectations of compliance mechanisms.
U.S. confirms no final nuclear instrument signed as June 14 deadline passes
June 30 dips to 0%1%
A follow‑up statement from the U.S. confirmed no signed final nuclear document had been exchanged, prompting the market to settle at 0% for the June 30 outcome as the deadline passed without a qualifying instrument.
IAEA chief says inspectors will visit Iranian enrichment sites under interim deal
IAEA Director‑General Grossi announced that inspectors would visit Iran’s enrichment sites as part of the interim deal, providing a concrete, measurable benchmark (inspection visits). The news cemented expectations that no final, nuclear‑restriction instrument had yet been signed, keeping the market at 0 % Yes for the June 30 outcome.
UN Nuclear Chief Says Inspections Will Occur but Iran Insists Only After Final Deal
August 13 dips to 13%1%
IAEA Director General Rafael Grossi stated that nuclear site inspections would proceed under the interim deal, but Iranian diplomats publicly rejected this, stating inspections would only happen after a final deal is signed.
US Ambassador warns Iran on nuclear fixation; sanctions waiver granted for 60 days
August 18 rises to 22%2%
US officials warned Iran that failure to abandon nuclear ambitions could lead to sanctions reimposition, while the Treasury granted a 60-day sanctions waiver, reflecting ongoing diplomatic pressure and uncertainty about deal completion before August deadlines.
Dispute arises over Iran's agreement to nuclear inspections
July 31 dips to 1%4%
Conflicting statements emerged between the US and Iran regarding whether Iran had agreed to allow UN nuclear inspectors to visit bombed sites, creating uncertainty and dampening market confidence for a deal by July 31 and August 13 deadlines.
Dispute arises over Iran allowing UN nuclear inspectors to visit bombed sites
December 31 dips to 35%2%
Iran denied scheduling UN inspectors to visit nuclear sites bombed by the US, contradicting US claims. This dispute raised doubts about verification mechanisms, negatively impacting market confidence in a timely final deal.
Dispute arises over Iran's agreement to allow UN nuclear inspections
December 31 dips to 32%4%
On June 23, 2026, a dispute emerged between the US and Iran regarding whether Iran had agreed to allow UN inspectors to access bombed nuclear sites. Iran denied new concessions, complicating negotiations and contributing to market declines due to increased uncertainty about compliance and verification.
US and Iran publicly dispute nuclear inspection commitments
August 13 drops to 4%9%
Conflicting statements emerged with US President Trump insisting Iran agreed to full nuclear inspections, while Iran's foreign ministry denied new commitments, creating uncertainty and dampening market confidence for a deal by July 31 and August 13.
Iran denies US claims of agreement on nuclear inspections
December 31 dips to 45%3%
Iran's Foreign Ministry publicly denied that Tehran agreed to allow international inspectors to examine its nuclear facilities, contradicting US statements and raising doubts about the deal's progress, causing market declines.
US and Iran Establish Working Groups to Negotiate Final Deal Within 60 Days
July 31 dips to 5%1%
Following high-level regional visits, mediators announced that the US and Iran agreed on a roadmap and formed four working groups to negotiate a final agreement, confirming that a final deal would not be reached in June or July.
Trump claims Iran agreed to unlimited nuclear inspections; Tehran denies
Trump posted that Iran had agreed to “unlimited” nuclear inspections, while Iran’s foreign ministry denied any such agreement, creating a high‑profile dispute that drove the “July 31” odds down from 4 % to 4 % (price unchanged but the controversy is linked to the steep plunge to 1 % later).
IAEA Director General confirms inspectors will visit Iranian nuclear sites under interim deal
The head of the UN nuclear agency, Rafael Grossi, confirmed that Iranian nuclear enrichment sites would be visited by inspectors as part of the interim US-Iran deal, reinforcing the inspection component of the agreement despite ongoing disputes.
Dispute arises over Iran allowing UN inspectors to visit bombed nuclear sites
August 31 dips to 24%2%
Iran denied that UN inspectors would examine nuclear sites damaged by US and Israeli strikes, contradicting US statements. This dispute raised doubts about the depth of Iran's commitments, dampening market optimism for a swift final deal.
Dispute arises over timing of nuclear inspections between US and Iran
December 31 dips to 42%1%
The head of the UN nuclear agency said inspectors would visit Iran's nuclear sites as part of the interim deal, but Iran insisted inspections would only occur after a final deal. This dispute highlighted ongoing challenges in finalizing the nuclear agreement, dampening market optimism.
Dispute arises over nuclear inspections as US and Iran negotiate final deal
August 31 dips to 24%4%
A public dispute emerged between the US and Iran regarding whether Tehran had agreed to allow UN inspectors to visit bombed nuclear sites, creating uncertainty and dampening market confidence.
Iran’s foreign ministry says no UN inspection plan has been agreed
July 31 plunges to 5%40%
Iran’s foreign‑ministry spokesperson publicly rejected the claim that Tehran would allow UN inspectors, confirming the dispute and effectively ruling out a qualifying written instrument with a concrete nuclear benchmark, which drove the market down to the lowest odds.
Disputes over nuclear inspections and frozen assets cloud finalizing war-ending deal
August 18 dips to 20%1%
Despite progress on sanctions relief and maritime issues, disagreements persisted over the specifics of nuclear inspections and the handling of Iran's enriched uranium stockpile. These unresolved issues contributed to market skepticism about a near-term final deal.
CIA briefed on inconsistencies; State Dept doubts Iran’s compliance
August 13 plunges to 13%32%
CBS reported that CIA Director Ratcliffe briefed the president on inconsistencies in Iran’s stated commitments, and Secretary of State Rubio expressed doubts about Iran’s compliance, further weakening market confidence.
Trump claims Iran’s full inspection agreement – Iran disputes
August 31 plunges to 25%20%
President Trump posted on social media that Iran had “fully and completely agreed to the highest level nuclear inspections,” while Iran’s foreign‑ministry spokesman publicly refuted the claim. The dispute further eroded confidence that a binding nuclear limitation existed, pulling the market down to single‑digit levels.
Violence resumes in southern Lebanon threatening ceasefire and diplomatic progress
August 13 dips to 13%1%
Renewed Israeli military actions in southern Lebanon and resulting casualties risked destabilizing the ceasefire and complicating US-Iran negotiations, contributing to market skepticism about timely deal finalization.
US and Iran continue robust nuclear negotiations amid conflicting accounts
December 31 dips to 44%2%
Negotiations continued with robust discussions on nuclear issues, though US and Iranian officials gave differing public accounts. The uncertainty and complexity of talks contributed to market volatility and declining confidence in near-term deal finalization.
U.S.–Iran dispute over nuclear inspections clouds final‑deal work
August 13 plunges to 13%32%
NPR reported a day‑long dispute over whether Iran had agreed to allow UN inspectors to visit bombed sites, deepening uncertainty and causing a sharp decline in the “August 13” odds from 45 % to 13 % (price before 45 %, after 13 %).
Dispute Arises Over Nuclear Inspections as US and Iran Negotiate Final Deal
August 13 dips to 13%1%
A public dispute emerged as Iran's foreign ministry denied agreeing to new nuclear inspections, contradicting statements from US officials and severely dampening market confidence for near-term deadlines.
Conflicting US and Iran statements on nuclear inspections emerge
August 13 dips to 13%1%
On June 23, 2026, the US and Iran publicly disagreed over whether Iran had agreed to allow UN nuclear inspectors to visit bombed sites, creating uncertainty and dampening market confidence across all deadlines.
Trump claims Iran agreed to unlimited nuclear inspections; Iran denies
August 31 plunges to 24%21%
Trump posted that Iran had “fully and completely agreed to the highest‑level nuclear inspections,” while Iran’s foreign ministry denied any new nuclear concession. The contradictory statements heightened uncertainty, prompting a sharp price drop.
Pezeshkian Declares Iran's Missile Program Will Never Be Part of Future Agreements
August 31 dips to 26%2%
Iranian President Masoud Pezeshkian firmly ruled out including Iran's ballistic missile program in any final agreement, reinforcing the rigid boundaries of Tehran's negotiating position.
Trump asserts Iran agreed to unlimited nuclear inspections as Tehran denies it
Trump posted on Truth Social that Iran had agreed to “highest‑level” nuclear inspections “infinity”. Iran simultaneously denied any agreement. The contradictory statements deepened market scepticism, pushing the Yes price down to around 20 %.
US and Iran Clash Publicly Over UN Nuclear Inspection Commitments
August 31 dips to 24%4%
A public dispute emerged after US Vice President JD Vance stated Iran agreed to allow IAEA inspectors back, which Iran's Foreign Ministry spokesperson Esmail Baghaei promptly denied. This contradiction raised doubts about the feasibility of a near-term final deal, causing the August 31 contract to dip.
US temporarily lifts sanctions on Iranian oil amid talks
September 30 dips to 28%4%
The US Treasury confirmed a temporary waiver of sanctions on Iranian oil sales for 60 days following the initial peace talks, signaling economic incentives to encourage Iran's compliance. This development supported the ongoing negotiation process but did not resolve nuclear program specifics, contributing to mixed market reactions.
Disputes emerge over nuclear inspections and frozen assets in US-Iran talks
On June 23, reports highlighted disagreements between the US and Iran regarding nuclear inspections and the release of frozen assets, indicating challenges in finalizing the deal and contributing to market skepticism about an early resolution.
Dispute arises over Iran's agreement to allow UN inspectors at bombed nuclear sites
August 18 drops to 11%9%
US and Iran officials disputed whether Iran had agreed to allow UN inspectors to visit bombed nuclear sites, casting doubt on the scope of nuclear inspection agreements and causing market uncertainty about the final deal's terms.
Dispute arises over Iran's commitment to nuclear inspections
August 31 dips to 24%2%
Iran's Foreign Ministry spokesperson denied agreeing to allow UN inspectors to examine bombed nuclear sites, contradicting US Vice President Vance's statements. President Trump reaffirmed Iran's commitment to inspections on social media. This conflicting messaging introduced doubts about inspection commitments, pressuring the market downward for near-term deal resolution.
US says Iran agreed to robust nuclear inspections; Iran disputes
August 18 plunges to 22%23%
U.S. officials said Iran had agreed to “robust” inspections, while Iran’s foreign ministry disputed that claim. The public disagreement increased uncertainty, driving the August‑18 odds down to around 20 % and then back up as talks progressed.
US says Iran will allow IAEA inspectors; Iran disputes claim
August 13 drops to 8%6%
Vice‑President Vance said Iran had agreed to let IAEA inspectors back, but Iranian negotiator Ghalibaf later disputed the claim. The mixed messages increased uncertainty about any concrete nuclear benchmark, pushing down odds for a final deal by August 13.
US Vice President JD Vance announces Iran agreed to allow UN nuclear inspectors back
JD Vance stated that Iran agreed to allow UN nuclear inspectors back into the country as part of the agreement, a major step toward verification and compliance, which was positively received by markets. However, Iran later denied new concessions, creating some uncertainty.
Iran agrees to invite IAEA inspectors back as part of US talks
December 31 dips to 46%2%
Iran agreed to allow International Atomic Energy Agency inspectors to return, a major milestone toward nuclear de-escalation. However, unresolved issues on uranium enrichment and sanctions relief remained, contributing to cautious market sentiment.
U.S. Vice President says Iran will let IAEA inspectors return
August 18 plunges to 22%23%
Vice President Vance announced that Iran had agreed to allow IAEA inspectors back into the country – a concrete, measurable nuclear restriction. The news was seen as a positive step, stabilising prices after the previous dip.
U.S. Treasury grants 60‑day license for Iranian oil sales
August 13 plunges to 14%31%
The Treasury Department issued a 60‑day license to allow Iranian oil exports, signalling sanctions relief linked to the MOU. Traders interpreted this as progress but remained skeptical about a concrete nuclear benchmark, pushing the price down to the low‑20 % range.
US and Iran agree on roadmap for final deal and plan to end military operations in Lebanon
December 31 rises to 48%2%
Following the MOU, negotiators established working groups on nuclear, sanctions, and dispute resolution, and agreed on a Lebanon deconfliction mechanism, signaling progress in talks and briefly supporting market optimism.
Negotiators Warn Technical Nuclear Talks May Extend Beyond 60-Day Window
August 13 plunges to 14%31%
Analysts and diplomats cautioned that resolving complex technical issues, such as the dilution of Iran's enriched uranium stockpile, could take longer than the 60 days outlined in the interim agreement.
Iran agrees to allow UN nuclear inspectors back as part of US deal
August 13 plunges to 13%32%
Iran agreed to permit UN nuclear inspectors to return, a key step for nuclear transparency, while the US promised to lift sanctions and reopen the Strait of Hormuz. This development was seen as a major milestone, improving market sentiment for a final deal by August 13.
US Vice President JD Vance Announces Iran Agreed to Allow UN Nuclear Inspectors' Return
August 13 plunges to 14%31%
JD Vance hailed Iran's agreement to let IAEA inspectors back into the country as a major milestone, though the announcement was quickly met with domestic skepticism and Iranian pushback.
U.S. says Iran consents to IAEA inspections, nuclear details still open
August 18 plunges to 22%23%
U.S. Vice President JD Vance announced that Iran agreed to allow IAEA inspectors, but reporters highlighted that nuclear specifics remained unsettled, reinforcing market belief that a qualifying instrument was unlikely.
Iran ties nuclear talks to lifting of oil‑port blockade, says Guardian
July 31 plunges to 5%40%
The Guardian noted Iran’s insistence on lifting the oil‑port blockade before any nuclear element could be discussed, underscoring that no concrete nuclear limitation had been agreed—reinforcing market pessimism.
Vance says Iran to let international nuclear inspections resume after 'good day' of talks
Vance reported that Iran would allow nuclear inspectors to return, providing the first concrete, measurable nuclear provision (inspection access) and further lowering market optimism for a qualifying final instrument.
Market signals suggest US‑Iran nuclear deal may miss June 30 deadline amid ongoing diplomacy
A Polymarket analysis piece reported that traders were heavily betting against a deal by June 30 after new US‑Iran draft changes and inspection disputes, explaining the market’s slide to near‑zero odds for the June 30 outcome.
US Waives Oil Sanctions Through August 21 Under Interim Agreement Terms
August 18 plunges to 19%26%
The US Treasury confirmed temporary waivers on Iranian oil sanctions through August 21, 2026, aligning with the 60-day negotiation window and reinforcing that a final deal would not be finalized until late August.
US Vice President JD Vance Announces Iran Agreed to Return of UN Nuclear Inspectors
July 31 plunges to 6%39%
Vice President JD Vance stated that Iran agreed to allow IAEA inspectors back into the country as part of the sanctions-lifting and oil export agreement, though Tehran downplayed making new concessions.
Dispute over nuclear inspections clouds efforts to finalize war-ending deal
August 18 dips to 20%2%
Disagreements between the US and Iran over nuclear inspection protocols created uncertainty about the final deal's terms, dampening market confidence and contributing to price declines for earlier resolution dates.
Iran halts maritime traffic through Strait of Hormuz amid ceasefire enforcement disputes
July 31 dips to 5%1%
Iran's closure of the Strait of Hormuz in response to ongoing Israeli strikes and perceived US failure to enforce ceasefire terms heightened tensions and risked undermining negotiations, negatively impacting market optimism for a quick deal.
US VP says Iran agreed to IAEA inspections, Iran denies new concession
August 13 plunges to 14%31%
U.S. Vice‑President JD Vance announced that Iran had agreed to allow IAEA inspectors back into the country, while Iran’s foreign‑minister later said no new commitments had been made. The conflicting statements created uncertainty about a concrete nuclear restriction, causing the market to drop sharply.
Iran agrees to UN nuclear inspectors’ return amid sanctions relief talks
August 31 plunges to 25%20%
Iran agreed to allow UN nuclear inspectors back as part of an agreement involving lifting sanctions and reopening the Strait of Hormuz, signaling progress but with Tehran denying new nuclear concessions, causing mixed market reactions.
Iran agrees to UN nuclear inspectors’ return as part of agreement with US
August 18 plunges to 21%24%
Iran agreed to allow UN nuclear inspectors back into the country, a major milestone for denuclearization efforts, although Iran denied new concessions on its nuclear program, causing mixed market reactions.
Iran agrees to allow UN nuclear inspectors back as part of US-Iran agreement
August 18 plunges to 21%24%
US Vice President JD Vance announced that Iran agreed to invite International Atomic Energy Agency inspectors back into the country, a major milestone toward denuclearization. However, Iran stated no new concessions were made, leading to mixed interpretations and market uncertainty.
US Treasury issues 60-day waiver on sanctions for Iranian oil exports
September 30 rises to 30%2%
As part of the MoU's initial conditions, the US Treasury issued a 60-day waiver on sanctions related to Iranian oil exports, signaling partial sanctions relief and a step toward economic normalization. This development was seen as a positive sign for negotiations but did not resolve core nuclear issues.
Iran agrees to allow UN nuclear inspectors back as part of US-Iran talks progress
August 31 plunges to 28%17%
US Vice President JD Vance announced that Iran agreed to the return of International Atomic Energy Agency inspectors, a significant step toward nuclear transparency and compliance under the interim deal, positively influencing market perceptions.
U.S. Vice‑President says Iran will let UN nuclear inspectors return
June 30 dips to 0%1%
Vice‑President Vance announced that Iran would allow UN nuclear inspectors back into the country. The promise was vague and did not specify any quantitative nuclear limitation, further lowering confidence that a qualifying instrument existed.
US and Iran make encouraging progress but key nuclear and sanctions issues remain
August 31 dips to 24%2%
Negotiations continued with progress on ceasefire and regional issues, but major sticking points like Iran’s enriched uranium stockpile and sanctions relief remained unresolved, tempering market optimism and contributing to price declines for earlier deal deadlines.
US and Iranian negotiators make progress at Lake Lucerne talks, agree on committees
December 31 drops to 48%7%
Negotiators agreed on working groups to oversee nuclear, sanctions, and dispute resolution issues, maintaining cautious optimism for a final deal and supporting moderate market prices.
U.S. Treasury issues 60‑day waiver on sanctions for Iranian oil
September 30 drops to 32%13%
The Treasury Department announced a 60‑day waiver on all sanctions against Iranian oil exports, a key concession of the MOU. The waiver was seen as a concrete step but also underscored that no nuclear‑specific restrictions had been secured, driving the market lower for the August‑September outcomes.
Qatar‑Pakistan statement: high‑level committee to monitor nuclear talks
August 18 dips to 20%2%
Qatar and Pakistan issued a joint statement saying the high‑level committee would focus on nuclear monitoring and sanctions, but noted that key issues such as the fate of Iran’s enriched uranium stockpile remained unresolved, reinforcing doubts for the August‑September dates.
Iran agrees to UN nuclear inspectors’ return as part of agreement with US
December 31 rises to 48%1%
Iran agreed to allow International Atomic Energy Agency inspectors back into the country, a key step toward nuclear transparency. This concession was seen as progress but did not resolve all nuclear issues, maintaining uncertainty in the market.
US and Iran make encouraging progress at Buergenstock talks but tensions remain
December 31 drops to 36%10%
On June 22, 2026, US and Iran negotiators reported progress toward a roadmap for a final deal, including nuclear, sanctions, and dispute resolution working groups, but tensions over Lebanon and the Strait of Hormuz persisted. This cautious progress led to a slight market decline as uncertainty remained.
Iran agrees to allow UN nuclear inspectors back as part of US deal
December 31 rises to 45%2%
US Vice President JD Vance announced that Iran agreed to invite International Atomic Energy Agency inspectors back into the country, a major milestone for nuclear monitoring and a key step toward a final deal. This announcement increased optimism about progress but was met with Iranian denials, creating uncertainty.
US and Iran announce roadmap and working groups for final deal in Switzerland talks
August 31 plunges to 24%21%
At talks in Switzerland, the US and Iran agreed on a roadmap to negotiate a final deal within 60 days, establishing working groups on nuclear issues, sanctions, and dispute resolution. This progress maintained cautious optimism and supported market confidence.
VP Vance says Iran will let UN nuclear inspectors return, sanctions waiver through Aug 21
August 13 plunges to 13%32%
Vice‑President Vance announced that Iran had agreed to allow IAEA inspectors back, but the accompanying Treasury oil‑sanctions waiver only ran until August 21. The mixed signal about concrete nuclear limits lowered the market’s confidence for the August‑13 outcome, which fell to 13 %.
US Vice President announces Iran agreed to allow UN nuclear inspectors back
August 31 drops to 13%11%
US Vice President JD Vance stated that Iran agreed to allow UN nuclear inspectors to return as part of the ongoing negotiations, boosting market confidence in progress toward a final deal. Iran, however, denied new concessions, creating some uncertainty.
US and Iran conclude talks in Switzerland, establish High Level Committee
August 31 plunges to 24%21%
Negotiations in Bürgenstock, Switzerland, resulted in the creation of a High Level Committee to oversee nuclear protocols, sanctions relief, and maritime security, signaling structured progress and supporting market confidence in a deal by late August.
U.S. Vice President Vance says Iran will permit IAEA inspectors to return
July 31 rises to 6%1%
Reuters reported that Vance announced Iran had agreed to allow IAEA inspectors back, a concrete nuclear‑related concession, which lifted market confidence and pushed the “July 31” odds up from 5 % to 6 % (price before 5 %, after 6 %).
Iran agrees to allow UN nuclear inspectors back as part of agreement with US
September 30 dips to 28%4%
US Vice President JD Vance announced Iran's agreement to allow UN nuclear inspectors back into the country, a major milestone in nuclear negotiations. This development supported market optimism for a final deal but was tempered by Iran's insistence on no new concessions publicly, limiting near-term price gains.
US Treasury Grants 60-Day Sanctions Waiver for Iranian Oil Sales
August 13 plunges to 14%31%
The US Treasury Department issued a temporary sanctions waiver allowing Iranian oil exports through August 21, 2026. This aligned with the 60-day negotiation window, reinforcing that a final deal would not be finalized before late August and causing the August 13 and August 18 contracts to drop.
US Temporarily Eases Oil Sanctions on Iran Under 60-Day License
August 31 plunges to 25%20%
The US Treasury confirmed temporary waivers on Iranian oil sanctions through August 21, 2026, aligning with the 60-day negotiation window and pushing expectations for a final deal past June and July.
US temporarily waives oil sanctions on Iran under 60-day license
August 31 plunges to 26%19%
The US Treasury confirmed temporary waivers on Iranian oil sanctions through August 21, 2026, aligning with the 60-day negotiation window and pushing expectations for a final deal past June and July.
US Vice President Vance says Iran agreed to return of UN nuclear inspectors
July 31 rises to 6%1%
Vice President JD Vance announced that Iran agreed to allow IAEA inspectors back into the country, briefly lifting market confidence for earlier resolution dates before the claim was publicly challenged.
US Vice President JD Vance Announces Iran Agreed to Return of UN Nuclear Inspectors
August 18 plunges to 21%24%
Vice President JD Vance announced that Iran agreed to allow IAEA inspectors back into the country as part of the sanctions-lifting and oil export agreement, creating brief optimism for a structured deal.
Iranian Delegation Demonstrates Hardline Stance at Switzerland Peace Talks
June 30 plunges to 1%38%
Reports emerged detailing the Iranian delegation's highly assertive behavior at the Switzerland talks, including skipping handshakes and walking out when discussions heated up, signaling intense friction.
Trump threatens to take over the Strait of Hormuz if Iran talks fail
August 18 plunges to 22%23%
Trump’s public threat to seize the Strait of Hormuz if talks failed raised doubts that any concrete nuclear limitation would be reached, prompting a steep drop in the market’s “Yes” probability for all later dates.
US and Iran establish High Level Committee to oversee mediation and technical working groups
August 31 rises to 26%1%
The parties agreed to create a High Level Committee providing political oversight and leading working groups on nuclear, sanctions, and dispute resolution, signaling structured progress in negotiations and supporting market confidence in a deal by late August.
US and Iran hold high-level talks in Switzerland, agree on roadmap for final deal
September 30 rises to 33%1%
Negotiations in Switzerland produced a joint statement on June 21 announcing a roadmap to reach a final deal within 60 days, including establishing committees on nuclear monitoring and sanctions. This progress briefly slowed market declines but did not reverse bearish sentiment.
US and Iran Agree to 'Road Map' for Final Deal in Switzerland Talks
June 30 plunges to 1%38%
During high-level quadrilateral talks in Burgenstock, Switzerland, the US and Iran agreed to a roadmap to negotiate a final deal within 60 days, establishing specialized working groups on nuclear issues and sanctions.
US-Iran Talks Begin in Switzerland as Negotiators Arrive for Post-MOU Diplomacy
June 30 plunges to 1%38%
Iranian Parliament Speaker Mohammad Bagher Ghalibaf arrived in Switzerland to begin the technical phase of negotiations following the mid-June framework agreement. This confirmed that the immediate June 30 deadline was highly unlikely to be met, shifting focus to later dates.
U.S. and Iran agree to ‘road map’ for final deal, mediators say
Vice President Vance announced a ‘road map’ for a final deal and said Iran had agreed to invite IAEA inspectors, suggesting concrete progress on a measurable nuclear benchmark. The news temporarily slowed the price decline but still left the market bearish.
U.S. and Iran hold Swiss summit, unveil 60‑day roadmap to final deal
August 31 plunges to 25%20%
High‑level talks in Buergenstock, Switzerland produced a joint statement announcing a roadmap to a final deal within 60 days but offered no signed instrument. The optimism generated a brief price dip before the market fell further as doubts grew.
US and Iran Establish 60-Day Roadmap for Final Deal at Switzerland Summit
July 31 plunges to 6%39%
At the Lake Lucerne Summit in Switzerland, mediators from Qatar and Pakistan announced that the US and Iran agreed on a roadmap and formed working groups to negotiate a final agreement within 60 days. This development pushed the expected timeline for a final deal past July, causing the July 31 contract to plunge.
U.S. and Iran agree on 14‑point MOU and roadmap for final deal
August 31 plunges to 26%19%
The joint statement from Qatar and Pakistan announced that the U.S. and Iran had agreed on a 14‑point MOU and a roadmap for a final deal, which initially lifted optimism and moved the “August 31” odds from 45 % to 26 % (price before 45 %, after 26 %).
US and Iran establish High Level Committee for political oversight of mediation
August 13 plunges to 15%30%
The parties agreed to create a High Level Committee to oversee mediation and lead working groups on nuclear, sanctions, and dispute resolution issues, signaling structured progress but no final deal yet.
Trump threatens Iran with renewed bombing and control of Strait of Hormuz
August 18 plunges to 24%21%
President Trump threatened to "hit Iran very hard again" and to "take over" the Strait of Hormuz if a deal was not reached, disrupting talks and increasing tensions. This threat caused a sharp market drop as it raised doubts about the diplomatic process.
US and Iran establish High Level Committee to oversee nuclear and sanctions talks
December 31 drops to 43%12%
Mediators Pakistan and Qatar announced that the US and Iran agreed to form a High Level Committee to provide political oversight on the mediation, with working groups focused on nuclear issues, sanctions, and dispute resolution. This institutional framework signaled progress in implementing the June 14 MOU and boosted market confidence in a final deal by year-end.
U.S. and Iran unveil roadmap for final deal at Swiss talks
August 13 plunges to 14%31%
U.S. Vice‑President JD Vance announced that the first round of talks in Switzerland produced a “road‑map” for a final deal, including a high‑level committee. The announcement gave the market a temporary bounce, reflected by a modest price dip from 45 % to the low‑20 % range.
High-level talks in Switzerland advance roadmap for final US-Iran deal
December 31 dips to 43%3%
Senior officials from the US and Iran met in Switzerland, agreeing on a roadmap to reach a final deal within 60 days. They established committees and communication channels, including a de-confliction cell for Lebanon and mechanisms for the Strait of Hormuz, signaling progress but also highlighting complex challenges ahead.
U.S. and Iran agree on a “road‑map” and create High‑Level Committee at Swiss summit
August 13 plunges to 14%31%
High‑level talks in Switzerland concluded with a joint statement that the parties had agreed on a “road‑map” toward a final deal and would set up a High‑Level Committee. The announcement pushed the market back up, ending the early‑June slump.
U.S. and Iran unveil joint roadmap and working‑group plan
June 30 plunges to 1%38%
The United States and Iran publicly announced a joint roadmap to a final nuclear agreement, including the creation of working groups. Traders interpreted the announcement as a sign that a qualifying final instrument was unlikely before the June‑30 deadline, driving the “June 30” market price from 39 % to 1 %.
US and Iran announce roadmap for final deal and establish committees for negotiations
July 31 plunges to 5%40%
Negotiators from the US and Iran met at Lake Lucerne, Switzerland, agreeing on a roadmap to reach a final deal within 60 days and establishing working groups on nuclear issues and sanctions.
US and Iran agree on roadmap for final deal at Switzerland talks
July 31 plunges to 5%40%
Negotiators from the US and Iran met at Lake Lucerne, Switzerland, establishing a High-Level Committee and four working groups to negotiate a final agreement within 60 days, which pushed back expectations of an immediate June or July deal.
US and Iran establish High Level Committee to oversee mediation
August 18 plunges to 23%22%
The US and Iran agreed to create a High Level Committee to provide political oversight and lead working groups on nuclear issues, sanctions, and dispute resolution, signaling structured progress in negotiations and boosting market confidence for a deal by August 18.
US and Iran establish working groups to negotiate final deal within 60 days
July 31 plunges to 6%39%
At high-level talks in Switzerland, mediators announced that the US and Iran agreed on a roadmap and formed working groups, confirming that a final deal would not be reached in June or July.
US and Iran announce roadmap for final deal and establish committees for negotiations
On June 21, the US and Iran, with mediators from Qatar and Pakistan, announced a roadmap to reach a final deal within 60 days, including the creation of working groups on nuclear monitoring, sanctions, and dispute resolution. This progress temporarily slowed market declines.
US and Iran agree to establish High Level Committee and working groups in Switzerland talks
August 31 plunges to 25%20%
Mediators Pakistan and Qatar announced that the US and Iran agreed to create a High Level Committee to oversee mediation and working groups focused on nuclear issues, sanctions, and implementation of the MoU. This progress was seen as encouraging but did not fully reverse bearish market sentiment.
US and Iran agree on roadmap for final deal and plan to end military operations in Lebanon
August 31 plunges to 25%20%
High-level talks in Switzerland led to an agreement on a roadmap to reach a final deal within 60 days, establishment of a high-level committee for oversight, and a de-confliction cell for Lebanon, boosting market confidence in the negotiation process.
U.S. and Iran agree on road‑map for final deal, set up Lebanon de‑confliction cell
June 30 dips to 0%1%
Mediators announced a “road‑map” for a final deal and the creation of a de‑confliction cell in Lebanon. The statement emphasized that no concrete nuclear benchmark had been agreed, reinforcing market belief that a qualifying instrument was unlikely.
US and Iran Agree on Roadmap for Final Deal and Establish High Level Committee in Switzerland
June 30 plunges to 1%38%
Negotiators from the US and Iran met at Lake Lucerne, Switzerland, and agreed on a roadmap to reach a final deal within 60 days, establishing working groups on nuclear issues and sanctions.
US and Iran establish working groups for final agreement negotiations in Doha
August 31 plunges to 28%17%
On June 21, 2026, reports indicated that working groups for negotiating a final agreement had been established, but substantive negotiations had not yet begun, tempering market optimism and contributing to price declines across deadlines.
US and Iran agree on roadmap for final deal and establish oversight committees
December 31 rises to 47%1%
Following the MoU signing, US and Iranian negotiators agreed on a roadmap for a final deal and created working groups on nuclear issues, sanctions, and dispute resolution. This structured approach maintained some market confidence for longer-term deal dates but did not raise near-term deal expectations.




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