## Market Snapshot

The market for a potential U.S. invasion of Iran before 2027 is currently priced at 19.5% YES, up from 18% 24 hours ago. Meanwhile, the market concerning Trump’s agreement to Iranian demands shows decreasing likelihood, though specific pricing data is unavailable.

## Key Takeaways

– Recent airstrikes appear to increase the likelihood of U.S. military action in Iran, consistent with YES outcome support for the invasion market. – Trump’s hardened stance on enriched uranium suggests decreased likelihood of meeting Iranian demands, consistent with decreased YES market pricing. – The airstrike news appears unrelated to the Strait of Hormuz traffic market, suggesting no impact on shipping movements.

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