## Market Snapshot

US-Iran Nuclear Deal by June is currently priced at 22.5% YES, down from 24% 24 hours ago and 34% a week ago. The US-Iran Nuclear Deal by May 31 has decreased to 5% YES, reflecting a sharp drop from 9% a day ago and 18% a week earlier.

## Key Takeaways

– The US’s issuance of ultimatums appears to decrease the likelihood of a US-Iran nuclear deal by June. – Market pricing suggests a reduced probability of a US-Iran nuclear deal by May 31, consistent with Iran’s potential resistance to US demands. – The prospect of a permanent Israel-Iran peace deal appears less likely, as indicated by the decreased YES pricing.

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