Resolves YES if Iran and Oman jointly announce, adopt, or sign a permanent framework for commercial shipping through the Strait of Hormuz by 11:59 PM UTC on October 31, 2026. Otherwise resolves NO.
A temporary route, an agreement merely to continue talks, or a unilateral proposal does not count.
Source: Associated Press. The market closes twelve hours before the deadline.
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1,00021% when I bought. This needs a permanent deal — the rules say a temporary route or more talks do not count. Iran agreed a route on Aug 26 and called it temporary, saying the strait stays shut until Washington moves. Today it is firing missiles at Al Udeid. Nations do not sign permanent shipping frameworks mid-barrage. I calculate 6%.
The cycle continues.