US-Iran negotiations for a permanent peace deal remain stalled following the collapse of marathon talks in Islamabad on April 12, where disagreements over Iran's nuclear enrichment, ballistic missiles, sanctions relief, and control of the Strait of Hormuz prevented agreement. A fragile ceasefire has been extended multiple times, but President Trump recently ordered a prolonged US naval blockade of Iranian ports, rejecting Tehran's April 27 proposal to reopen the strait in exchange for ending the war and blockade. Iranian Foreign Minister Abbas Araghchi continues diplomatic outreach amid escalating rhetoric, with no second round confirmed despite mediator efforts in Oman and Pakistan. Regional tensions, including Israeli-Hezbollah clashes, further complicate prospects for a comprehensive treaty resolving hostilities.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedIran’s Revolutionary Guards issued a “finger on the trigger” warning, signalling renewed military readiness and suggesting the cease‑fire could break before the May 15 deadline,
May 15 dips to 8%2%
Iran’s Revolutionary Guards issued a “finger on the trigger” warning, signalling renewed military readiness and suggesting the cease‑fire could break before the May 15 deadline, pushing the Yes probability down to a low‑single‑digit level
Continued regional tensions with Israeli-Hezbollah clashes and no definitive US-Iran peace announcement sustain uncertainty, keeping the market
May 15 rises to 8%1%
Continued regional tensions with Israeli-Hezbollah clashes and no definitive US-Iran peace announcement sustain uncertainty, keeping the market
US officials reiterate dissatisfaction with Iran’s proposal as it fails to resolve key issues, including nuclear program concerns, and no new negotiation rounds are scheduled,
May 15 dips to 7%2%
US officials reiterate dissatisfaction with Iran’s proposal as it fails to resolve key issues, including nuclear program concerns, and no new negotiation rounds are scheduled, leading to further decline in market confidence
Reports confirm that despite Iran’s new proposal, ceasefire negotiations remain in flux with no breakthrough, and the US maintains its naval blockade, reinforcing the stalemate
May 15 dips to 9%1%
Reports confirm that despite Iran’s new proposal, ceasefire negotiations remain in flux with no breakthrough, and the US maintains its naval blockade, reinforcing the stalemate and limiting prospects for a permanent peace agreement
Multiple outlets (Al Jazeera, PBS, Reuters) report Iran’s foreign minister meeting Putin in Russia and offering a “re‑open Hormuz” plan that postpones nuclear talks, keeping hope
June 30 drops to 47%8%
Multiple outlets (Al Jazeera, PBS, Reuters) report Iran’s foreign minister meeting Putin in Russia and offering a “re‑open Hormuz” plan that postpones nuclear talks, keeping hope alive
Iran’s Foreign Minister Abbas Araghchi meets Russian President Putin, blaming US excessive demands for stalled talks;
April 30 dips to 3%3%
Iran submits a new three-stage proposal including reopening the Strait, war-ending guarantees, and deferred nuclear talks; President Trump reviews the proposal but expresses dissatisfaction, indicating deadlock
Reuters: President Trump discusses a new Iranian proposal that would reopen the Strait of Hormuz and end the war, but he says it is “not enough”; the mixed signal pushes the
June 30 jumps to 55%10%
Reuters: President Trump discusses a new Iranian proposal that would reopen the Strait of Hormuz and end the war, but he says it is “not enough”; the mixed signal pushes the
Iranian Foreign Minister Abbas Araghchi meets Russian President Putin, emphasizing strategic ties amid ongoing US-Iran tensions and stalled negotiations
Iranian Foreign Minister Abbas Araghchi meets Russian President Putin, emphasizing strategic ties amid ongoing US-Iran tensions and stalled negotiations
Iran fired on three commercial vessels in the Strait of Hormuz hours after President Trump announced an extension of the two‑week cease‑fire, raising fears the truce was
May 15 dips to 12%2%
Iran fired on three commercial vessels in the Strait of Hormuz hours after President Trump announced an extension of the two‑week cease‑fire, raising fears the truce was collapsing and that a permanent peace pact was unlikely
Iran’s Foreign Minister Abbas Araghchi travelled to Moscow for high‑level talks with President Putin after a failed Islamabad round, signalling that Tehran was still seeking a
May 15 dips to 14%1%
Iran’s Foreign Minister Abbas Araghchi travelled to Moscow for high‑level talks with President Putin after a failed Islamabad round, signalling that Tehran was still seeking a diplomatic path but had not secured a deal
Iran offers the US a proposal to reopen the Strait of Hormuz and end the war, postponing nuclear negotiations to a later date, aiming to break the stalemate;
May 15 dips to 12%3%
the US reviews the proposal but President Trump is unhappy as it does not address Iran’s nuclear program, signaling continued impasse in talks
US President Trump cancels a planned envoy visit to Islamabad, signaling reluctance to engage in face-to-face diplomacy despite ongoing mediation by Pakistan, which dampens hopes
May 15 dips to 10%2%
US President Trump cancels a planned envoy visit to Islamabad, signaling reluctance to engage in face-to-face diplomacy despite ongoing mediation by Pakistan, which dampens hopes for a near-term peace deal
White House confirms that special envoys Steve Witkoff and Jared Kushner are flying back to Islamabad to resume talks, reviving optimism
June 30 jumps to 64%6%
White House confirms that special envoys Steve Witkoff and Jared Kushner are flying back to Islamabad to resume talks, reviving optimism
President Trump extends the ceasefire to allow more time for Iranian proposals, but US officials give Iran a short deadline to engage in negotiations amid internal Iranian
April 30 dips to 6%4%
President Trump extends the ceasefire to allow more time for Iranian proposals, but US officials give Iran a short deadline to engage in negotiations amid internal Iranian infighting; market reacts with cautious hope but skepticism remains
President Trump says he will indefinitely extend the two‑week cease‑fire to give negotiators more time, removing the imminent deadline
June 30 drops to 58%8%
President Trump says he will indefinitely extend the two‑week cease‑fire to give negotiators more time, removing the imminent deadline
Trump announces indefinite extension of the ceasefire to continue peace talks despite ongoing blockade and tensions, sustaining moderate optimism and
Trump announces indefinite extension of the ceasefire to continue peace talks despite ongoing blockade and tensions, sustaining moderate optimism and
Iran reopens the Strait of Hormuz for commercial shipping during the ceasefire, but shortly after announces it has closed the strait again pending US lifting of the naval blockade;
April 30 plunges to 17%29%
President Trump threatens to resume attacks if no deal is reached, signaling stalled negotiations and raising doubts about a permanent peace deal
Reuters reports that the highest‑level U.S.–Iran talks in Islamabad conclude without any breakthrough, leaving “dialogue still alive” but no agreement
Reuters reports that the highest‑level U.S.–Iran talks in Islamabad conclude without any breakthrough, leaving “dialogue still alive” but no agreement
U.S. President Donald Trump announces a naval blockade of Iranian ports, effective April 13, after the Islamabad talks end without a deal
June 30 surges to 69%28%
U.S. President Donald Trump announces a naval blockade of Iranian ports, effective April 13, after the Islamabad talks end without a deal
US Vice President JD Vance and envoys arrive in Islamabad for peace talks with Iran, but negotiations end without agreement due to major gaps and lack of trust, causing
June 30 drops to 69%6%
US Vice President JD Vance and envoys arrive in Islamabad for peace talks with Iran, but negotiations end without agreement due to major gaps and lack of trust, causing
UN Secretary-General and multiple world leaders praise Pakistan’s mediation and the US-Iran ceasefire as a positive step toward de-escalation, boosting market optimism about peace
April 30 drops to 14%6%
UN Secretary-General and multiple world leaders praise Pakistan’s mediation and the US-Iran ceasefire as a positive step toward de-escalation, boosting market optimism about peace prospects




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