Iran and Oman, the two states bordering the Strait of Hormuz, established a Joint Hormuz Committee and joint working group in June 2026 under the framework of their post-ceasefire understandings with the United States. The bodies have held technical discussions on navigation administration, maritime services, associated costs, sovereignty over territorial waters, and potential revenue-sharing mechanisms, while consulting other Gulf littoral states. Progress includes agreement on a temporary shipping corridor and mine-clearing framework by late August, though senior officials have described full details of a permanent management accord as still under negotiation. Talks remain linked to broader implementation of the Islamabad Memorandum of Understanding, including sanctions relief and navigation guarantees, with further expert-level meetings and regional consultations scheduled.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedIran-Oman Hormuz Management Agreement by...?
$2,575,924 Vol.

September 21
<1%

September 30
11%

October 31
32%
$2,575,924 Vol.

September 21
<1%

September 30
11%

October 31
32%
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.
Market Opened: Aug 10, 2026, 11:23 AM ET
Resolver
0x65070BE91...Outcome proposed: No
No dispute
Final outcome: No
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.
Resolver
0x65070BE91...Outcome proposed: No
No dispute
Final outcome: No
Iran and Oman, the two states bordering the Strait of Hormuz, established a Joint Hormuz Committee and joint working group in June 2026 under the framework of their post-ceasefire understandings with the United States. The bodies have held technical discussions on navigation administration, maritime services, associated costs, sovereignty over territorial waters, and potential revenue-sharing mechanisms, while consulting other Gulf littoral states. Progress includes agreement on a temporary shipping corridor and mine-clearing framework by late August, though senior officials have described full details of a permanent management accord as still under negotiation. Talks remain linked to broader implementation of the Islamabad Memorandum of Understanding, including sanctions relief and navigation guarantees, with further expert-level meetings and regional consultations scheduled.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated


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