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This market will resolve to “Yes” if the United States agrees to remove, suspend, waive, or otherwise reduce any sanctions restricting Iranian oil exports by May 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. Sanctions restricting Iranian oil exports refers to U.S. restrictions that prohibit or limit the production, sale, transport, purchase, or export of crude oil, petroleum, or petrochemical products from Iran, including associated shipping, insurance, and financial transactions necessary for such exports. This includes both primary sanctions, which apply to U.S. persons, and secondary sanctions, which apply to non-U.S. persons or entities engaging in such activities. The United States will be considered to have agreed to remove, suspend, waive, or reduce such sanctions if: - Donald Trump or another authorized representative of the Government of the United States publicly announces that the United States has definitively agreed to remove, suspend, waive, or otherwise reduce any sanctions restricting Iranian oil - The removal, suspension, waiver, or reduction of any such sanctions is included as part of a treaty or deal formally established between the United States and Iran, including through signing or other formal means. Agreement refers to an explicit acceptance, authorization, or consent to the specified action. Only announcements of definitive agreement will qualify. Suggestions, negotiations, expressions of openness, or other non-definitive statements will not qualify. Any definitive agreement or commitment made before the resolution date will qualify, regardless of when or whether the specified action is implemented. The primary resolution source for this market will be official statements from Donald Trump, the U.S. government, and their official representatives; however, a consensus of credible reporting may also be used to verify the details of an announcement or formal agreement.