US x Iran Effective Ceasefire by...? (2 week pause)
Short Answer
1. Market Behavior & Drivers
- US President's August 1–2 strike suspension drives high effective ceasefire probability.
- August 14 ceasefire faces timing uncertainty from the August 1–2 pause announcement.
- Qatari, Omani, Pakistani diplomacy appears to advance short-term ceasefire efforts.
Current Context
Sources (5)
- 1Why has Trump halted Iran attacks, and what is the deal he is hinting at? | US-Israel war on Iran News | Al Jazeeraaljazeera.com
- 2Conflicting accounts cloud Iran-US diplomatic push | Iran Internationaliranintl.com
- 3https://www.govinfo.gov/content/pkg/CDOC-119hdoc167/html/CDOC-119hdoc167.htmgovinfo.gov
- 4Petroleum markets responded to disruptions in the Middle East in the second quarter - U.S. Energy Information Administration (EIA)eia.gov
- 5US-Iran Strikes Escalate; Lindsey Graham's Legacy | Bloomberg Daybreak: US Editionyoutube.com
2. Price Chart
Historical Price (Probability)
3. Significant Price Movements
Notable price changes detected in the chart, along with research into what caused each movement.
📈 August 04, 2026: 24.0pp spike
Price increased from 51.5% to 75.5%
Outcome: July 31
📈 August 02, 2026: 37.0pp spike
Price increased from 16.5% to 53.5%
Outcome: July 31
📉 July 31, 2026: 17.0pp drop
Price decreased from 26.0% to 9.0%
Outcome: July 31
📉 July 29, 2026: 20.5pp drop
Price decreased from 38.5% to 18.0%
Outcome: July 31
📉 July 28, 2026: 17.0pp drop
Price decreased from 53.5% to 36.5%
Outcome: July 31
Sources (11)
- 1Trump says he is cancelling strikes on Iran subject to deal being made 'rapidly'bbc.com
- 2Iran Says Hormuz Talks Underway, Stocks Rise as Oil Plunge | Bloomberg Daybreak: US Editionyoutube.com
- 3Pakistan says US-Iran talks ongoing amid fresh strikesrte.ie
- 4July 31, 2026 — Trump touts progress on Gaza peace...cnn.com
- 5White House signals Trump is weighing new strikes on Iran, and other developments in the Middle East - Yahoo News Australiaau.news.yahoo.com
- 6Senior Iranian cleric says ceasefire is 'a deception' to let US attack again | Iran Internationaliranintl.com
- 7Bloomberg Businessweek Weekend: July 24th 2026 | Bloomberg Businessweekyoutube.com
- 8Iran war updates: Kuwait downs Iranian drones targeting...aljazeera.com
- 9U.S.-Iran war pauses to give peace talks 'space'cnbc.com
- 10US and Iran hit pause on strikes for second day | News | Al Jazeeraaljazeera.com
- 11Hopes of return to diplomacy as US-Iran hold fire for third day | US-Israel war on Iran News | Al Jazeeraaljazeera.com
4. Market Data
Contract Snapshot
This market resolves to "Yes" if a continuous 14-day period without a qualifying U.S. military action against Iran is completed between market creation and the specified end date, 11:59 PM ET; otherwise, it resolves to "No." A qualifying military action is defined as a U.S.-initiated air or surface-to-surface missile strike directly impacting Iran's terrestrial territory, explicitly excluding actions like intercepted munitions, small-arms fire, or cyber operations. In cases of conflicting reports regarding an action's occurrence or attribution, the market may remain open for up to three additional calendar days beyond the specified end date for resolution.
Market Discussion
As of August 4, 2026, President Trump has suspended planned U.S. military strikes against Iran, citing ongoing diplomatic efforts to reach a deal regarding the Strait of Hormuz and Iran's nuclear program, while official Iranian spokespeople have denied direct negotiations, pursuing a separate arrangement with Oman amid persistent maritime tensions, including a cargo ship attack on August 4, 2026 [1][2][3][4][5][6][7]. Despite this divergence, prediction markets as of August 4, 2026, show high confidence (72-80%) in a potential ceasefire with an August 31 resolution date [8][9][10]. This follows a prior 2-week ceasefire announced by President Trump on April 7, 2026, which took effect on April 8, 2026, and was later extended, but ultimately broke down due to renewed hostilities [11][12][13].
Sources (13)
- 1Why has Trump halted Iran attacks, and what is the deal he is hinting at? | US-Israel war on Iran News | Al Jazeeraaljazeera.com
- 2Trump climbs down on Iran strikes in expectation of ‘rapidly’ reaching a deal | US-Israel war on Iran | The Guardiantheguardian.com
- 3August 1, 2026 — US-Iran war; State Department warns US citizens across the Middle East | CNNcnn.com
- 4Live updates: Trump calls off Iran strikes, warns of ‘last chance’ to sign a deal | CNNcnn.com
- 5Trump and Iran clash over Strait of Hormuz talks as cargo ship is attackednbcnews.com
- 6Status of US-Iran talks uncertain as ship struck in Hormuz - AL-MONITOR: The Middle Eastʼs leading independent news source since 2012al-monitor.com
- 7US-Iran talks uncertain as ship struck in Hormuzrte.ie
- 8US x Iran Effective Ceasefire by...? (2 week pause) — Odds & Probability | W.E.T.worldeventtrading.com
- 9US x Iran Effective Ceasefire by...? (2 week pause) — Odds & Predictions | PredScopepredscope.com
- 10US Iran Ceasefire Two Weeks Odds | Polymarket & Kalshipredictmarketcap.com
- 11DCPD202600236govinfo.gov
- 12https://www.govinfo.gov/content/pkg/CDOC-119hdoc167/html/CDOC-119hdoc167.htmgovinfo.gov
- 13Bills 119sjres172is.htmgovinfo.gov
5. What specific military actions by either the US or Iran would likely violate the current informal pause and prevent a formal ceasefire by August 31, 2026?
| Ceasefire condition | Continuous 14 days without U.S. qualifying military action [1][2] |
|---|---|
| Qualifying U.S. military actions | Air strikes or surface-to-surface missile strikes directly impacting Iran [1][2][3][4] |
| Non-qualifying U.S. military actions | Naval gunfire, artillery, small-arms fire, cyber operations, ground incursions, or intercepted/destroyed munitions [3][4] |
Sources (7)
- 1US x Iran Effective Ceasefire by...? (2 week pause) | Prediction Market Networkpredictionmarketnetwork.com
- 2US x Iran Effective Ceasefire by…? (2 week pause) Odds & Prediction Market Analysis | CryptoSlatecryptoslate.com
- 3US and Iran hit pause on strikes for second day | News | Al Jazeeraaljazeera.com
- 4A pause in US-Iran fighting and a push for talks but uncertainty remains | AP Newsapnews.com
- 5Status of US-Iran talks uncertain as ship struck in Hormuz - AL-MONITOR: The Middle Eastʼs leading independent news source since 2012al-monitor.com
- 6Status of US-Iran talks uncertain as ship struck in Hormuz – ThePrint – ReutersFeedtheprint.in
- 7Live updates: Trump calls off Iran strikes, warns of ‘last chance’ to sign a deal | CNNcnn.com
6. What public statements from the Trump administration and Iranian government in August 2026 support or contradict claims of ongoing ceasefire negotiations?
| US Position on Iran Talks | Negotiations underway, labeled 'last chance' (as of August 4, 2026) [1][2][3] |
|---|---|
| Iran's Position on Talks | Denies direct negotiations, only limited discussions with Oman (maritime transit) [1][4] |
| Mediator Status on Diplomacy | Diplomatic efforts in 'very progressive stages' with draft proposals [4][5][6] |
Sources (6)
- 1Trump administration claims Hormuz deal is close as Iran...washingtonpost.com
- 2Live updates: Trump calls off Iran strikes, warns of ‘last chance’ to sign a deal | CNNcnn.com
- 3Trump insists Iran talks are underway despite Tehran's denialscnbc.com
- 4Status of US-Iran talks uncertain as ship struck in Hormuz - AL-MONITOR: The Middle Eastʼs leading independent news source since 2012al-monitor.com
- 5Qatar says progress made toward US-Iran talks - AL-MONITOR: The Middle Eastʼs leading independent news source since 2012al-monitor.com
- 6Qatar says mediators coordinating closely on US-Iran diplomatic efforts | Iran Internationaliranintl.com
7. How do the publicly stated objectives of the US and Iran for a peace deal differ, particularly regarding the Strait of Hormuz and nuclear constraints?
| Interim Agreement Signed | June 2026 [1] |
|---|---|
| Interim Negotiation Window | 60 days [1] |
| Permanent Deal Deadline Proximity | Approximately two weeks away [1][2][3] |
Sources (8)
- 1A guide to what the U.S. and Iran appear to disagree about now | AP Newsapnews.com
- 2Officials report progress on a deal to reopen the Strait of Hormuz | AP Newsapnews.com
- 3Trump says talks with Iran will start Monday on deal to reopen Hormuz | The Times of Israeltimesofisrael.com
- 4Status of US-Iran talks uncertain as ship struck in Hormuz - AL-MONITOR: The Middle Eastʼs leading independent news source since 2012al-monitor.com
- 5What’s in the proposed deal that could end the US-Iran conflict? | CNNcnn.com
- 6Analysis-How Iran's 'golden weapon' of Hormuz became a bigger priority than its long-disputed nuclear programme - AL-MONITOR: The Middle Eastʼs leading independent news source since 2012al-monitor.com
- 7Trump says Iran talks set for Monday as Tehran and Oman...theguardian.com
- 8Trump Claims Iran Talks to Resume as Tehran Denies Negotiations Over Strait of Hormuz and Nuclear Dealgulfnews.com
8. What satellite imagery and maritime tracking data from July-August 2026 is available to confirm a de-escalation of US and Iranian military postures in the Persian Gulf?
| De-escalation Status | Not confirmed (July-early August 2026) [1][2][3][4] |
|---|---|
| Active Hostilities | Continue, with ship attacks (July 31, August 2, 2026) [1][2][3][4] |
| Shipping Traffic | Subdued through Strait of Hormuz (July-early August 2026) [1][5] |
Sources (7)
- 1Hormuz shipping traffic remains subdued despite diplomatic push; security incidents persist: S&P Globalfortuneindia.com
- 2Officials report progress on a deal to reopen the Strait of Hormuz | AP Newsapnews.com
- 3Trump and Iran clash over Strait of Hormuz talks as cargo ship is attackednbcnews.com
- 4Status of US-Iran talks uncertain as ship struck in Hormuz - AL-MONITOR: The Middle Eastʼs leading independent news source since 2012al-monitor.com
- 5Iran Update Special Report, July 4, 2026understandingwar.org
- 6Iran general warns US warships: Any attempt to open new Hormuz route could trigger attackgulfnews.com
- 7Status of US-Iran talks uncertain as ship struck in Hormuz | The Straits Timesstraitstimes.com
9. What diplomatic or economic incentives offered by regional mediators like Qatar and Saudi Arabia could secure a formal ceasefire agreement by late August 2026?
| Diplomatic Progress Status | very progressive stages [1] |
|---|---|
| Date of Diplomatic Efforts Update | August 4, 2026 [1][2][3][4][5] |
| Primary Economic Incentive for Iran | US to end naval blockade and allow Iranian oil exports [3][4][6] |
Sources (7)
- 1Qatar says US-Iran mediation efforts continuing but no direct talks plannedbbc.com
- 2Qatar says progress made toward US-Iran talks - AL-MONITOR: The Middle Eastʼs leading independent news source since 2012al-monitor.com
- 3Trump says Gulf leaders' input weighed heavily in decision to hold off on ordering new Iran strikes, World News - AsiaOneasiaone.com
- 4Status of US-Iran talks uncertain as ship struck in Hormuz - AL-MONITOR: The Middle Eastʼs leading independent news source since 2012al-monitor.com
- 5Live updates: Trump calls off Iran strikes, warns of ‘last chance’ to sign a deal | CNNcnn.com
- 6US-Iran talks uncertain as ship struck in Hormuzrte.ie
- 7Qatar says mediators coordinating closely on US-Iran diplomatic efforts | Iran Internationaliranintl.com
10. What Could Change the Odds
Key Catalysts
Key Dates & Catalysts
- Closes: August 31, 2026
Sources (15)
- 1Live updates: Trump calls off Iran strikes, warns of ‘last chance’ to sign a deal | CNNcnn.com
- 2Trump says parameters met for a deal to end Iran war | AP Newsapnews.com
- 3Mediators hold 'cautious optimism' on US-Iran talks resumptionen.yenisafak.com
- 4Officials report progress on a deal to reopen the Strait of Hormuz | AP Newsapnews.com
- 5Status of US-Iran talks uncertain as ship struck in Hormuz - AL-MONITOR: The Middle Eastʼs leading independent news source since 2012al-monitor.com
- 6Trump says new Iran talks set to start on Monday after calling off massive attack | Euronewseuronews.com
- 7US x Iran Effective Ceasefire by...? (2 week pause) — Odds & Predictions | PredScopepredscope.com
- 8https://polymarket.com/tl/event/us-x-iran-effective-ceasfire-byptptpt-2-week-pause-20260715194822042polymarket.com
- 9US x Iran Effective Ceasefire. Prediction | Lines.comlines.com
- 102026 Iran war | Deal, Explained, United States, Israel, Strait...britannica.com
- 11Trump: Planned attack on Iran canceled after reaching outline of dealcnbc.com
- 12DCPD202600236govinfo.gov
- 13https://www.govinfo.gov/content/pkg/CDOC-119hdoc167/html/CDOC-119hdoc167.htmgovinfo.gov
- 14Short-Term Energy Outlookeia.gov
- 15Short-Term Energy Outlook: Global oil marketseia.gov