US official threatens Iran’s leader amid rising tensions and child casualty admission

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A U.S. official threatened Iran’s new Supreme Leader with assassination if he “doesn’t change his ways,” while admitting U.S. strikes have resulted in child casualties. The market for Trump agreeing to Iranian demands in April sits at 29.5% YES, up from 36% yesterday.

The Iran military action market remains at 100% YES across all sub-markets, with traders pricing further conflict before April 30 as certain. The threat against Iran’s leader and the collateral damage admission raise the stakes for retaliation. The U.S. is showing no signs of de-escalation.

The market for Trump agreeing to Iranian oil sanction relief saw a jump in activity. Odds are 29.5% YES, up from 36% in the last 24 hours. Volume is at $4,106 in USDC traded, though it only takes $375 to move the price 5 points. A 10-point spike occurred at 2:39 PM, possibly signaling bets on a diplomatic breakthrough, however unlikely.

The threat against Iran’s leadership points to higher tensions and lower chances for immediate diplomatic resolution. Traders betting on Trump agreeing to Iranian demands are betting on a sudden shift in U.S. policy. At 43¢ per YES share, that implies a 2.33x return. This bet depends on a dramatic change in the administration’s approach within the next nine days.

Phemex

Watch for statements from the White House or CENTCOM, especially any indication of new negotiations or military actions. Trump’s posts on Truth Social could also move market sentiment quickly.

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