## Market Snapshot
The market for whether Trump will agree to Iranian demands by June 30 is currently priced at 36% YES. The likelihood of Strait of Hormuz traffic returning to normal by June 15 is priced at 8% YES, indicating concerns over potential disruptions.
## Key Takeaways
– The news suggests a decrease in the likelihood of normal traffic through the Strait of Hormuz by June 15, consistent with increased regional tensions. – Market pricing indicates decreased expectations that Trump will agree to Iranian demands by June 30, reflecting the potential for heightened Iranian leverage. – The proposed deal underlines significant geopolitical shifts, suggesting the Iranian negotiating position may be perceived as stronger.
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