## Market Snapshot
In the “Iran Military Action Against Neighbors” market, pricing suggests a rise in likelihood, with no recent volume reported. The “Strait of Hormuz Traffic Normal by July 31” market shows a decrease to 45.5% YES, down from 46% 24 hours ago. The “Israel-Iran Permanent Peace Deal” market is down to 6.4% YES for the June 30, 2026 sub-market.
## Key Takeaways
– Saudi Arabia’s condemnation of Israel’s actions appears to align with regional tensions, suggesting increased likelihood of Iranian military actions against neighbors. – The planned blockade of the Strait of Hormuz by Iran could indicate a significant escalation, as reflected in the decreased probability of normal traffic by July 31. – This development appears to reduce the likelihood of a permanent peace deal between Israel and Iran, with further regional instability expected.
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