Recent diplomatic efforts center on indirect US-Iran talks mediated by Oman to secure an interim agreement reopening the Strait of Hormuz to commercial shipping. A June 2026 memorandum of understanding briefly advanced a 60-day ceasefire framework, sanctions discussions, and safe passage without fees, but collapsed amid disputes over routing through Iranian territorial waters, user fees, the US naval blockade of Iranian ports, asset releases, and additional concessions. Renewed attacks on vessels prompted the US to reimpose restrictions, keeping traffic at roughly 17% of pre-conflict levels. As of mid-August 2026, negotiators report drafts in final stages with potential announcements imminent, yet Iranian demands for broader sanctions relief and reparations alongside US assertions of control introduce persistent barriers. Key upcoming catalysts include any joint statements, Supreme Leader approvals, or shifts in blockade enforcement that could alter trader assessments of near-term resolution.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedUS-Iran Hormuz Agreement by...?
$522,045 Vol.
August 15
1%
August 31
11%
$522,045 Vol.
August 15
1%
August 31
11%
A diplomatic agreement refers to an official agreement, treaty, deal, or substantially similar diplomatic instrument that establishes agreed actions, policies, obligations, or commitments between the United States and Iran.
A qualifying diplomatic agreement must establish Iranian policies, obligations, or commitments aimed at permitting, restoring, or increasing vessel or shipping traffic through the Strait of Hormuz.
All listed countries must announce their acceptance of the same qualifying diplomatic agreement for the Payout Condition to be met. A joint announcement will qualify, as will separate announcements from each entity of its own acceptance of an agreement which, taken together, directly indicate that all the listed countries accepted the same agreement. Separate announcements of individual policies will not qualify if the policies are not announced as part of a diplomatic agreement.
Each announcement must be a declarative statement that clearly and unambiguously communicates acceptance of an agreement. Statements that reference ongoing negotiations or a prospective agreement, or that allude to or express support for an agreement without confirming acceptance of the agreement, do not qualify. A qualifying announcement need not reference the agreement by name or use specific terminology, provided it clearly communicates acceptance of an agreement.
Whether announcements from the listed countries represent a diplomatic agreement and whether such an agreement qualifies will be primarily determined through the announcements themselves. Where an announcement is made by all listed countries but, based on the announcements, it remains ambiguous whether the announcements represent a qualifying diplomatic agreement between the countries, this market will remain open until either i) definitive confirmation that the announcements represent a qualifying diplomatic agreement between the listed entities is achieved through further announcements from the listed countries or a consensus of credible reporting or ii) 14 calendar days (ET) have passed after the date that the last country made their first potentially qualifying announcement. If, at the end of the fourteenth calendar day, no definitive confirmation has been achieved, this market will resolve based on the totality of information available from the resolution sources at that time. No single statement, denial, or presentation of evidence will govern where it is contradicted by the totality of information.
The resolution sources for this market will be official information from the governments of the United States and Iran and a consensus of credible reporting.
Market Opened: Aug 3, 2026, 10:57 PM ET
Resolver
0x65070BE91...A diplomatic agreement refers to an official agreement, treaty, deal, or substantially similar diplomatic instrument that establishes agreed actions, policies, obligations, or commitments between the United States and Iran.
A qualifying diplomatic agreement must establish Iranian policies, obligations, or commitments aimed at permitting, restoring, or increasing vessel or shipping traffic through the Strait of Hormuz.
All listed countries must announce their acceptance of the same qualifying diplomatic agreement for the Payout Condition to be met. A joint announcement will qualify, as will separate announcements from each entity of its own acceptance of an agreement which, taken together, directly indicate that all the listed countries accepted the same agreement. Separate announcements of individual policies will not qualify if the policies are not announced as part of a diplomatic agreement.
Each announcement must be a declarative statement that clearly and unambiguously communicates acceptance of an agreement. Statements that reference ongoing negotiations or a prospective agreement, or that allude to or express support for an agreement without confirming acceptance of the agreement, do not qualify. A qualifying announcement need not reference the agreement by name or use specific terminology, provided it clearly communicates acceptance of an agreement.
Whether announcements from the listed countries represent a diplomatic agreement and whether such an agreement qualifies will be primarily determined through the announcements themselves. Where an announcement is made by all listed countries but, based on the announcements, it remains ambiguous whether the announcements represent a qualifying diplomatic agreement between the countries, this market will remain open until either i) definitive confirmation that the announcements represent a qualifying diplomatic agreement between the listed entities is achieved through further announcements from the listed countries or a consensus of credible reporting or ii) 14 calendar days (ET) have passed after the date that the last country made their first potentially qualifying announcement. If, at the end of the fourteenth calendar day, no definitive confirmation has been achieved, this market will resolve based on the totality of information available from the resolution sources at that time. No single statement, denial, or presentation of evidence will govern where it is contradicted by the totality of information.
The resolution sources for this market will be official information from the governments of the United States and Iran and a consensus of credible reporting.
Resolver
0x65070BE91...Recent diplomatic efforts center on indirect US-Iran talks mediated by Oman to secure an interim agreement reopening the Strait of Hormuz to commercial shipping. A June 2026 memorandum of understanding briefly advanced a 60-day ceasefire framework, sanctions discussions, and safe passage without fees, but collapsed amid disputes over routing through Iranian territorial waters, user fees, the US naval blockade of Iranian ports, asset releases, and additional concessions. Renewed attacks on vessels prompted the US to reimpose restrictions, keeping traffic at roughly 17% of pre-conflict levels. As of mid-August 2026, negotiators report drafts in final stages with potential announcements imminent, yet Iranian demands for broader sanctions relief and reparations alongside US assertions of control introduce persistent barriers. Key upcoming catalysts include any joint statements, Supreme Leader approvals, or shifts in blockade enforcement that could alter trader assessments of near-term resolution.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated



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