~34% · $680K/day
Will the US and Iran reach a nuclear deal or framework in 2026?
Diplomacy market — Trump-Iran talks ongoing
Politics Prediction Markets
Will the US and Iran reach a nuclear deal? Will Israel strike? Will sanctions be lifted? Iran prediction markets on Polymarket and Kalshi price every scenario — nuclear deal at 34%, Israeli strike at 18%, sanctions relief at 22%. These markets move instantly with diplomatic signals.
~34% · $680K/day
Diplomacy market — Trump-Iran talks ongoing
~22% · $420K/day
Harder threshold than a deal framework
~18% · $580K/day
Escalation risk market — Israeli capability clear
~28% · $340K/day
Breakout capability market
~45% · $190K/day
Sanctions evasion / relief market
The forces moving the nuclear, sanctions, and conflict markets — each reprices on a single diplomatic or military headline.
Back-channel talks (via Oman) and US posture drive the deal and sanctions-relief markets — the central swing factor.
Moves toward weapons-grade (90%) enrichment raise the breakout and Israeli-strike markets together.
Israeli capability is clear; the strike market hinges on enrichment news and the diplomatic window.
Sanctions relief would add ~2M bbl/day of supply — directly inverse to the oil price markets.
Politics
Ceasefire 68% — the other major conflict market, $3.2M/day
Macro
Iran sanctions relief would add 2M bbl/day to supply — oil market impact
Politics
The other major oil-supply geopolitics market
Prediction markets price a US-Iran nuclear deal or framework at ~34% in 2026, with sanctions relief at a harder ~22% threshold. The Trump administration has engaged in back-channel talks through Oman in 2025-2026, raising deal probability from single-digit levels in 2024. The sticking points are Iran's enrichment level and the pace of sanctions removal. Polymarket has $680K in daily volume on the deal market.
Prediction markets price an Israeli military strike on Iran at ~18% in 2026 — meaningful but not the base case. This market is sensitive to Iranian enrichment news, US-Iran diplomatic signals, and Israeli domestic political developments. When Iran enrichment markets rise (weapons-grade approach), Israeli strike markets tend to rise simultaneously. Mantis tracks both.
Iran sanctions relief (allowing Iran to export ~2M+ bbl/day more oil) would be one of the largest near-term supply additions to the global market, potentially pushing WTI down $5-10/barrel. Prediction markets for Iran deals and oil price targets are inversely correlated — Mantis lets you monitor both simultaneously to see how geopolitical events affect commodity markets.
Polymarket has the highest Iran market liquidity — the nuclear deal market sees $680K in daily volume. Kalshi covers some Iran-related macro outcome markets for US traders. Limitless carries niche Iran diplomatic status markets. Mantis aggregates all venues so you always see the sharpest cross-venue price for any Iran geopolitics question.
They are two sides of the same diplomatic window: progress toward a nuclear deal (~34%) tends to lower the Israeli-strike probability (~18%), while a breakdown in talks or a jump in enrichment pushes the strike market up. Trading them together expresses a view on diplomacy-versus-escalation rather than betting on either path alone — Mantis shows both contracts side by side.
Iran is a major OPEC producer under sanctions, so the Iran markets double as a swing-supply signal for crude. Sanctions relief unlocks ~2M bbl/day (bearish for oil); escalation or a strike threatens Gulf supply (bullish). That makes the Iran hub a leading indicator for the oil hub, alongside Venezuela — Mantis cross-links all three.