Iran commits not to attack ships in Hormuz by Sunday?
ResolvedOutcome: No$336Kas of
Odds now
This market has resolved No. Final market pricing put YES at 0%, as of .
YES0¢
NO100¢
as of
What moved the odds?
5 AI-matched news signals on this market, newest first. Entry price is the called side when the news hit; the signed return marks it against the final price as of .
US, Iran trade strikes, dispute Hormuz status
US officials stated that they demanded Iran issue a statement on Saturday declaring the Strait of Hormuz open and confirming there had been no attacks on ships. However, Iran responded to the US demand by closing the Strait of Hormuz.
With only a few hours left until the US government's deadline for Tehran to admit its mistake in attacking ships in the Strait of Hormuz and declare the waterway open, journalist and political analyst Shahir Shahid-e-Salt says it is highly unlikely that the Islamic Republic will provide a written commitment in this regard.
Iran’s Foreign Minister met with Omani counterpart today in Muscat. US officials said they expected Iran to publicly say they’ll stop attacking ships in the Strait of Hormuz after those talks. But no commitment was made. Iran's IRNA says they talked "mechanisms for safe passage"
Live: Iran ‘firm’ in view that it should regulate Hormuz traffic
Where does the news lean?
1YES5NO12neutraltrailing 24h
Average match confidence across the listed signals: 99%.
How did this market resolve?
This market will resolve to “Yes” if the Iranian government, or an authorized representative of the Iranian government, publicly and officially announces a commitment not to attack ships transiting the Strait of Hormuz, between market creation and July 12, 11:59 PM ET. Otherwise, this market will resolve to “No”.
A qualifying announcement must be a declarative statement of Iran’s present or future policy not to attack ships transiting the Strait of Hormuz.
A qualifying announcement must clearly and unambiguously identify a commitment not to attack ships transiting the Strait. Statements that merely allude to, reference, or describe such a policy, without clearly communicating it, do not qualify. The announcement need not use specific terminology; an announcement of a resumption of prior obligations, the maintenance of a status quo, or a return to a previously agreed baseline qualifies, provided the substantive policy not to attack ships transiting the Strait of Hormuz is clearly and unambiguously communicated.
A qualifying announcement must be made through official channels, by an individual acting in an official capacity. Statements made incidentally or informally in a context not intended for official communication do not qualify.
The following do not qualify:
Anonymous, unattributed, or leaked statements not confirmed as official;
Statements by persons not authorized to speak for the Iranian government;
Third-party speculation, analysis, or predictions that Iran will make such an announcement;
Satirical, fabricated, hacked, or impersonated communications; and
Statements that describe a prospective, contingent, probable, or conditional policy rather than announcing a present and decided position.
Once a qualifying announcement is made, this market will resolve to “Yes” regardless of whether it is later reversed, or whether a the policy is ever actually implemented.
Resolution will be based on official information from the Iranian government, including the Iranian military, and its authorized representatives.