The State Department has advised all Americans to exit the Middle East, signaling potential U.S. military action against Iran. The probability of a U.S. strike by April 30 is currently at
Major General Randy Manner has suggested an imminent U.S. attack on Iran, unless Saudi Arabia intervenes. Markets are largely unmoved. The military action against Iran sub-market for April 30 remains at
On the Gulf State front, odds of military action against Iran by April 30 sit at
Actual USDC traded in these markets is low: $20 on military action against Iran and $2,366 for Gulf state involvement. It only takes $79 to move the Iran action market by five percentage points, which means the order book is thin enough that small trades can swing prices significantly.
For traders, these odds reflect skepticism about immediate conflict escalation. At
Watch for Pentagon briefings and Saudi diplomatic moves. Any confirmation of U.S. military action or Saudi intervention could shift these odds significantly.
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