## Market Snapshot
US-Iran agreement/ceasefire extension market shows a drastic drop to 1.7% YES for May 26, down from 18% in the past 24 hours. The June 7 market remains at 64% YES. The fall of the Iranian regime market has increased to 13.5% YES for December 31, up from 12% yesterday.
## Key Takeaways
– Recent US strikes and Iran’s accusations appear to reduce the likelihood of an imminent ceasefire extension. – Market pricing suggests an increased probability of instability within the Iranian regime by the end of 2026. – The likelihood of a diplomatic meeting between the US and Iran appears to be decreasing amid escalating tensions.
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