Polymarket Iran Sanctions Relief Odds Drop 18% Amid Strait Tensions

Polymarket probabilities for US lifting Iran sanctions by Sept 30 fall to 44%, down 18% in 24h, as Tehran asserts exclusive control over Strait of Hormuz transit.

Woofun AI data shows that Polymarket odds for the US ending sanctions on Iran by September 30 have declined to 44%, representing an 18% drop over the past 24 hours. Simultaneously, the probability of sanctions relief by August 31 fell to 23%, a 10% decrease in the same period, marking the lowest recorded level for that specific event.

A spokesperson for Iran's Joint Military Command declared that no vessel may safely transit the Strait of Hormuz without Iranian approval, asserting complete control over the waterway. The official dismissed claims regarding US control as false and stated that Iranian armed forces will respond to any threat with severe actions to defend national sovereignty and Islamic Revolution ideals.