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Axios · Strait of Hormuz ·

US-Iran agreement will not be signed today, official confirms, but progress posted

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US-Iran deal will not be signed today, official says, but progress reported.

The May 24 sub-market sits at 6.5% YES with hours remaining, while May 25 prices at 17.5% YES and May 26 at 23.5% YES.

Key facts

Summary

The May 24 sub-market sits at 6.5% YES with hours remaining, while May 25 prices at 17.5% YES and May 26 at 23.5% YES. – A senior US official’s explicit statement that no agreement will be signed today appears consistent with the May 24 sub-market resolving NO., “Making progress” language suggests participants view continued diplomatic engagement as likely, supporting the longer-dated June 7 sub-market’s elevated 70.5% YES pricing., Near-term sub-markets (May 25, May 26) appear to reflect residual uncertainty, consistent with vague but constructive official language. A senior US administration official told Fox News on May 24 that a US-Iran agreement would not be signed that day, while characterizing talks as progressing. The official’s denial is supportive of NO outcomes for the May 24 and May 25 sub-markets. Watch for follow-on confirmation from Reuters, AP, or official White House statements on a signing timeline.

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#Iran #Axios #Strait of Hormuz