Iran and Oman have advanced bilateral talks on Strait of Hormuz navigation under the June 2026 Islamabad Memorandum framework tied to the US-Iran interim deal. The two coastal states formed a joint working group to address future administration, maritime services, costs, and safe passage standards, with reported progress on temporary route coordinates, mine clearance timelines, and territorial water shares. Iranian officials have confirmed elements of revenue division while stressing sovereignty, yet sources indicate no final accord on permanent management or fees. Delays stem from unresolved US commitments on sanctions relief and naval posture, alongside consultations with other Gulf littoral states. Technical negotiations continue into late 2026, with any comprehensive agreement hinging on de-escalation in US-Iran diplomacy and regional coordination.
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...?
$2,575,660 Vol.

September 21
<1%

September 30
11%

October 31
31%
$2,575,660 Vol.

September 21
<1%

September 30
11%

October 31
31%
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 4, 2026, 6:47 PM 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 have advanced bilateral talks on Strait of Hormuz navigation under the June 2026 Islamabad Memorandum framework tied to the US-Iran interim deal. The two coastal states formed a joint working group to address future administration, maritime services, costs, and safe passage standards, with reported progress on temporary route coordinates, mine clearance timelines, and territorial water shares. Iranian officials have confirmed elements of revenue division while stressing sovereignty, yet sources indicate no final accord on permanent management or fees. Delays stem from unresolved US commitments on sanctions relief and naval posture, alongside consultations with other Gulf littoral states. Technical negotiations continue into late 2026, with any comprehensive agreement hinging on de-escalation in US-Iran diplomacy and regional coordination.
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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