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Iran leadership infighting stalls US diplomatic progress

2026/04/25 13:09
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Iran’s leadership infighting is slowing diplomatic progress with the US. The market for no qualifying diplomatic meeting by June 30, 2026, sits at 6.9% YES, down from 9% a day ago.

Public clashes among Iran’s leadership have traders adjusting expectations. Hardline factions are criticizing negotiators like Ghalibaf and Araghchi, calling the talks a strategic misstep. The odds for a US-Iran diplomatic meeting by June 30 have declined accordingly.

The odds of a permanent peace deal by April 30 are at 10.5% YES. The term structure shows more confidence in progress after April: odds of a peace deal by June 30 are at 53.5%.

The diplomatic meeting market trades $6,833 in real USDC daily, making it thin and susceptible to large orders. A $141 order can shift prices by five points, which means sudden news can move the market fast.

Iran’s own leadership struggles look like a bigger obstacle to diplomacy than anything coming from Washington. Buying YES at 7¢ is a bet on continued disarray in Tehran, with a 14.3x return if no meeting occurs by June 30.

Watch for signs of unity within Iran’s government or new mediation efforts by Pakistan. Either would likely shift odds sharply.

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Source: https://cryptobriefing.com/iran-leadership-infighting-stalls-us-diplomatic-progress/

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