## Market Snapshot
In the “Iranian Demands Trump Will Agree To” market, the likelihood of a YES outcome has decreased due to recent developments. In the “Strait of Hormuz Ship Transit” market, the probability of a YES outcome has increased, with May 31 sub-market odds shifting from 53% to 17.5%.
## Key Takeaways
– Oman’s decision appears to decrease the probability of Trump agreeing to Iranian demands, as it weakens Iran’s leverage over transit fees. – The pledge from Oman suggests an increased likelihood of ship transit through the Strait of Hormuz, removing a potential barrier. – The news does not offer new insights regarding the scheduling of a US-Iran diplomatic meeting, indicating minimal impact in this area.
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