Trump to decide on Iran deal, demands Strait of Hormuz opening

## Market Snapshot

The market considering whether Trump will agree to Iranian demands by June 30 is currently priced at 34% YES. The market on WTI crude oil hitting $150 in May shows minimal activity, priced at 0.1% YES.

## Key Takeaways

– Trump’s demand for Iran to dismantle its nuclear capacity appears to decrease the likelihood of him agreeing to Iranian demands by June 30. – The geopolitical tension surrounding the Strait of Hormuz could indicate a potential increase in WTI crude oil prices. – The imminent decision on an Iran deal suggests an increased likelihood of upcoming US-Iran diplomatic meetings.

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