This market will resolve to “Yes” if the Iranian government, or an authorized representative of the Iranian government, publicly and officially announces a commitment not to attack ships transiting the Strait of Hormuz, between market creation and July 12, 11:59 PM ET. Otherwise, this market will resolve to “No”.
A qualifying announcement must be a declarative statement of Iran’s present or future policy not to attack ships transiting the Strait of Hormuz.
A qualifying announcement must clearly and unambiguously identify a commitment not to attack ships transiting the Strait. Statements that...