Qatar has rolled out business relief measures as the Iran war continues to affect economic stability in the region. The odds of a US-Iran ceasefire by April 30 sit at 2.8% YES, up slightly from 2% yesterday but down sharply from 14% a week ago.

The small uptick reflects Qatar’s positioning amid sustained regional instability, but 2.8% still prices a ceasefire as very unlikely. Daily face value is at $2.88M, with actual USDC trading at $70,162. It takes only $1,096 to shift the odds by 5 percentage points, meaning the order book is thin and vulnerable to large single trades.

Qatar’s relief measures follow Iranian missile strikes that reduced LNG production, and the country’s economy is projected to contract by 9%. That level of economic damage makes a near-term ceasefire look even less probable. The largest recent price move was a 48-point spike, showing how fast sentiment can shift on limited news.

For traders, a 2.8% YES share pays $1 if a ceasefire is declared by April 30. That outcome would require concrete developments like resumed talks or a change in military strategy.

Watch for statements from U.S. officials or intermediaries like the Sultan of Oman. Any sign of diplomatic progress could trigger a rapid repricing.

Get prediction market intelligence as a structured API feed. Early access waitlist.