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Iran-Oman Hormuz Agreement by December 31, 2026 priced at 34.0% on Polymarket, up 5.5 points, on $171K traded

No significant new platform headline in the last 30 minutes; news search recirculated only items already used, held out or web-held today (the NBA preferred-exchange /…

Polymarket priced an Iran-Oman Hormuz agreement by December 31, 2026 at 34.0%, up 5.5 percentage points, with $171K traded, in the supplied market update published Oct 31, 2026 at 1:54 AM ET.

The increase reflects a higher market-implied probability, though the price remains below 50%. The provided material does not identify a new diplomatic development behind the move.

Repricing without a confirmed catalyst

According to predictionbubbles.net, its movers board measures probability-point changes over 24 hours using prices from Polymarket and Kalshi. The supplied page records a venue-data snapshot taken on 31 Oct 2026 at 05:40 UTC and says the board refreshes every 15 minutes.

The accompanying news summary reported no significant new platform headline in the preceding 30 minutes. Its search returned only previously encountered items, leaving the supplied coverage without a fresh explanation for the Hormuz contract’s rise. That limited search result does not establish whether other relevant developments occurred.

Reading the trading figures

Predictionbubbles.net distinguishes price movement from trading activity: its movers ranking is determined by the size of the probability-point change, not volume. The $171K figure provides trading context, but the supplied headline does not specify its measurement period or provide order-book depth.

The source excerpt also does not include the Hormuz contract’s detailed settlement criteria. The agreement’s deadline is clear from the headline, but the precise conditions required for a positive resolution are not available in the provided material.

What it means for prediction markets

  • The directional signal is positive: the contract rose 5.5 percentage points to 34.0%, while remaining below an even chance.
  • The catalyst is unverified: the supplied reporting does not connect the repricing to a new announcement or confirmed diplomatic progress.
  • Volume is not liquidity: $171K traded alone does not establish market depth or explain what drove the price change.
  • Resolution details matter: assessing the contract requires its exact definition of a qualifying agreement by December 31, 2026.
PredictionMarketsPolymarketCFTC

Sources & attribution

  1. [1]Predictionbubbles (predictionbubbles.net)https://predictionbubbles.net/markets/movers/

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