White House stance dims US-Iran deal prospects by June 30

## Market Snapshot

US-Iran agreement/ceasefire extension market is currently priced at 52.5% YES, an increase from 36% over the past 24 hours. The US-Iran nuclear deal by June 30 market is priced at 47.5% YES, up from 36% 24 hours ago.

## Key Takeaways

– The White House’s firm stance appears to reduce the likelihood of a US-Iran agreement or ceasefire extension by June 7. – The insistence on Iran never acquiring nuclear weapons suggests that a diplomatic meeting is less likely in the near term. – The current diplomatic environment appears to decrease the probability of a US-Iran nuclear deal by June 30.

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