Iran-Oman Hormuz Agreement by October 31?
market:
Yes 28¢ / No 72¢
· liquidity $7,687 · ends 2026-10-31
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Turns on whether separate announcements of coordinated Hormuz traffic policies count as directly indicating both countries accepted the same diplomatic agreement without explicit reference to it.
no published read yet — crux identified, evidence gathering
Resolution rules (verbatim)
This market will resolve to “Yes” if a diplomatic agreement between Oman and Iran over traffic in the strait of Hormuz is announced by the specified date, 11:59 PM ET.
A diplomatic agreement refers to an official agreement, treaty, deal, or substantially similar diplomatic instrument that establishes agreed actions, policies, obligations, or commitments between Oman and Iran.
A qualifying diplomatic agreement must establish Iranian or Omani policies, obligations, or commitments aimed at managing, permitting, restoring, or increasing vessel or shipping traffic through the Strait of Hormuz, including agreements defining vessel traffic corridors, fee collection policies, or other management policies.
All listed countries must announce their acceptance of the same qualifying diplomatic agreement for the Payout Condition to be met. A joint announcement will qualify, as will separate announcements from each entity of its own acceptance of an agreement which, taken together, directly indicate that all the listed countries accepted the same agreement. Separate announcements of individual policies will not qualify if the policies are not announced as part of a diplomatic agreement.
Each announcement must be a declarative statement that clearly and unambiguously communicates acceptance of an agreement. Statements that reference ongoing negotiations or a prospective agreement, or that allude to or express support for an agreement without confirming acceptance of the agreement, do not qualify. A qualifying announcement need not reference the agreement by name or use specific terminology, provided it clearly communicates acceptance of an agreement.
Whether announcements from the listed countries represent a diplomatic agreement and whether such an agreement qualifies will be primarily determined through the announcements themselves. Where an announcement is made by all listed countries but, based on the announcements, it remains ambiguous whether the announcements represent a qualifying diplomatic agreement between the countries, this market will remain open until either i) definitive confirmation that the announcements represent a qualifying diplomatic agreement between the listed entities is achieved through further announcements from the listed countries or a consensus of credible reporting or ii) 14 calendar days (ET) have passed after the date that the last country made their first potentially qualifying announcement. If, at the end of the fourteenth calendar day, no definitive confirmation has been achieved, this market will resolve based on the totality of information available from the resolution sources at that time. No single statement, denial, or presentation of evidence will govern where it is contradicted by the totality of information.
The resolution sources for this market will be official information from the governments of Oman and Iran and a consensus of credible reporting.
Rules allow separate announcements to qualify if they 'directly indicate' joint acceptance, but the threshold for 'directly indicate' is ambiguous—aligned policies vs. explicit agreement framing.
Disputed precedents with similar wording
Past markets that went through UMA dispute and share wording patterns with this
market's crux (keyword match v0 — precedent engine is early).
Will Backpack launch a token by December 31, 2026?
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DISPUTED · 2027-01-01
Will Opinion launch a token by February 28, 2026?
resolved NO
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Will Iran close its airspace by December 31?
resolved YES
DISPUTED · 2027-01-01
Will Iran close the Strait of Hormuz before 2027?
resolved YES
DISPUTED · 2026-12-31
Will Iran close the Strait of Hormuz by March 31?
resolved YES
DISPUTED · 2026-12-31
Machine-readable
This dossier updates continuously. JSON: /m/iran-oman-hormuz-agreement-by-october-31.json.
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