The U.S. renewed its strikes against Iran on Tuesday following attacks on commercial shipping in the Strait of Hormuz.
US Resumes Strikes Against Iran
In a post on X, U.S. Central Command, or CENTCOM, announced the resumption of strikes.
"U.S. Central Command forces have begun launching a series of powerful strikes against Iran to impose heavy costs for targeting and attacking commercial shipping crewed by innocent civilians in an international waterway," CENTCOM said.
CENTCOM said the strikes were in response to "Iranian attacks on three commercial vessels that were transiting the Strait of Hormuz."
Here’s What Prediction Market Is Saying
Polymarket, a Polygon (CRYPTO: POL) based prediction platform that allows users to wager on an outcome using the USDC (CRYPTO: USDC) stablecoin, is currently betting on a contract "US-Iran Final Nuclear Deal by…?"
Over $7 million has been bet on the contract so far.
The bettors have placed just a 1% probability on a final nuclear deal happening by July 31. The odds get higher when we look at Aug. 18, with bettors expecting a 17% probability, down by 8%. Bettors are not confident about a deal happening even by the end of the year, placing a 42% probability on a deal by Dec. 31, down by 14%.
Iran’s Parliament Speaker Accuses US
Iran’s Speaker of the Parliament, Mohammad Bagher Ghalibaf, on Tuesday accused the U.S. of "Major MOU Violations" following the strikes.
Oil Surges Amid Strikes
WTI crude oil surged amid the strikes, climbing by over 3% to reach $72.57. Brent Crude also surged around 3% to reach $76.39.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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