Trump rejects sanctions relief for Iran uranium deal

## Market Snapshot

The market for “US obtains Iranian enriched uranium by May 31” is presently priced at 0.9% YES, reflecting a minor decrease from 1% YES over the past 24 hours. The market for a US-Iran nuclear deal by May 31 is currently at 16.6% YES, down from 20% YES 24 hours ago.

## Key Takeaways

– Trump’s firm rejection of sanctions relief appears consistent with a decreased likelihood of the US obtaining Iranian uranium by the end of May. – Market pricing suggests participants view the potential for a US-Iran nuclear deal as less likely following Trump’s statement. – Trump’s stance seems consistent with scenarios where US agreements to Iranian demands may not materialize.

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