## Market Snapshot
Near-term US-Iran agreement markets have repriced sharply lower. The May 26 sub-market sits at 18.5% YES (down from 60% 24 hours ago), while the June 7 sub-market holds at 65.5% YES, down from 69%.
## Key Takeaways
– Pricing appears consistent with markets interpreting Trump’s statement as a concrete obstacle to any imminent agreement announcement. – The steep drop across May 24–26 sub-markets suggests participants view a deal within days as unlikely, while the June 7 window retains meaningful probability. – The Israel-Iran permanent peace deal market (June 30) appears modestly affected, consistent with US mediation remaining a key prerequisite.
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