## Market Snapshot
The December 31, 2026 uranium surrender market sits at 51.5% YES (down from 52% 24 hours ago). The June 30, 2026 sub-market prices at 25.5% YES, up sharply from 14% seven days ago despite the hardened U.S. stance.
## Key Takeaways
– Pricing appears consistent with reduced near-term probability of Iran voluntarily surrendering enriched uranium following the White House ultimatum. – The 26-point spread between June and December sub-markets suggests participants view any agreement as unlikely before late 2026. – The June sub-market’s recent spike appears inconsistent with the diplomatic tone, suggesting contested market views on the timeline.
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