Part of event: US reissues Iran oil sales sanction relief by...? · us-reissues-iran-oil-sales-sanction-relief-byptptpt-20260708142359046
Market structure and 24h change as reported by Polymarket's public API.
Top of book
Best bid
0.027
Best ask
0.039
Spread
36% of mid
1.20 pts
As reported by Polymarket's public API at 23:59 UTC; top of book, not full depth; per-side depth not shown. The spread is shown against the midpoint of the two quotes above, which is arithmetic on the venue's figures, not a figure the venue reports.
Volume
24h volume
$26,210
Total volume
$187,897
Volume as reported by Polymarket's public API.
Resolution rules
Rules as stated by Polymarket, reproduced verbatim. Convexly has not independently reviewed them and does not endorse them; the rating's resolution-reliability pillar treats rule text as present but not independently reviewed.
On July 7, 2026, the United States revoked a sanctions waiver, “General License X,” which allowed for the sale of Iranian oil (see: https://thehill.com/policy/energy-environment/5957647-iran-oil-sanctions-waiver-strait-of-hormuz/). This market will resolve to “Yes” if the United States federal government issues a waiver, license, or equivalent sanctions-relief mechanism lifting US sanctions on the sale of Iranian oil, petrochemical products, or petroleum products by the specified date, 11:59 PM ET. Otherwise this market will resolve to “No”. Actions which direct partial or full sanction relief will both qualify. However, qualifying actions must reverse, remove, waive, or suspend US penalties on the sale of Iranian oil, petrochemical products, or petroleum products, in whole or in part. Qualifying actions need not be permanent; temporary suspensions of sanctions will qualify. Relief issued for either primary or secondary sanctions will qualify. A re-issuance of the initial waiver will qualify. The full removal of any sanction on the sale of Iranian oil, petrochemical products, or petroleum products will also qualify. Continued sales of Iranian oil allowed during the wind-down period under this revocation order will not qualify. Mere extensions of the wind-down period, without issuance of a new qualifying sanctions-relief action, will not qualify. Once a qualifying sanctions relief action has been taken, this market will resolve to “Yes,” regardless of any subsequent revocation. The primary resolution source for this market will be official information from the United States federal government.Show the full rules textHide the full rules text
On July 7, 2026, the United States revoked a sanctions waiver, “General License X,” which allowed for the sale of Iranian oil (see: https://thehill.com/policy/energy-environment/5957647-iran-oil-sanctions-waiver-strait-of-hormuz/). This market will resolve to “Yes” if the United States federal government issues a waiver, license, or equivalent sanctions-relief mechanism lifting US sanctions on the sale of Iranian oil, petrochemical products, or petroleum products by the specified date, 11:59 PM ET. Otherwise this market will resolve to “No”. Actions which direct partial or full sanction relief will both qualify. However, qualifying actions must reverse, remove, waive, or suspend US penalties on the sale of Iranian oil, petrochemical products, or petroleum products, in whole or in part. Qualifying actions need not be permanent; temporary suspensions of sanctions will qualify. Relief issued for either primary or secondary sanctions will qualify. A re-issuance of the initial waiver will qualify. The full removal of any sanction on the sale of Iranian oil, petrochemical products, or petroleum products will also qualify. Continued sales of Iranian oil allowed during the wind-down period under this revocation order will not qualify. Mere extensions of the wind-down period, without issuance of a new qualifying sanctions-relief action, will not qualify. Once a qualifying sanctions relief action has been taken, this market will resolve to “Yes,” regardless of any subsequent revocation. The primary resolution source for this market will be official information from the United States federal government.
Resolution mechanics
Resolution parameters as stated by Polymarket.
- Resolved by (UMA adapter)
- 0x65070BE91477460D8A7AeEb94ef92fe056C2f2A7
- Proposer bond
- $500 proposer bond
- Proposer reward
- $5 proposer reward
Market Trust diagnostic · v0.2 candidate
US reissues Iran oil sanction relief by August 31?
This market is not in the v0.1 daily card set yet. The v0.2 diagnostic scorecard below shows the per-pillar contribution from the latest materializer run, with visible caveats and evidence-status separation.
Why this rating
Why this rating
Composite 48 · Do not cite
Measurement certainty
Low
1 measured · 3 modeled · 2 not assessed
Certainty reflects how much of this market we measured, not how good the market is.
- CoherenceModeled estimatefixed rules, not a per-market measurementweight 25.0
No full-provenance CME signal is linked to this condition in the current ledger window; absence of a signal is not proof of coherence.
- · no linked cme signal in window
- · absence of signal not proof of coherence
- · cme signal window days: 7
- · recent full provenance signals: 23
50+17.9 - ExecutabilityModeled estimatefixed rules, not a per-market measurementweight 20.0
Executability scored as worse-of(spread, depth) from a single orderbook snapshot; the two were merged from the former liquidity + depth pillars to stop double-counting one correlated source.
- · executability worse of spread depth
- · spread: top-of-book spread 1.9c
- · spread: spread is 54% of mid, heavy slippage on size
- · spread: pp-band-to-cents-band approximation in effect (depth_5pct_usd/2 per side); per-side decomposition pending substrate work
15+4.3 - Resolution reliabilityModeled estimatefixed rules, not a per-market measurementweight 20.0
Resolution source and rule text are present but not independently reviewed.
- · resolution metadata present manual review pending
70+20.0 - Participant flowNot assessednot yet measured for this marketweight 20.0
No participant flow rollup materialized yet.
- · participant flow pending
not assessednot assessed - Integrity-risk screenNot assessednot yet measured for this marketweight 10.0
No participant concentration rollup materialized yet.
- · missing input
not assessednot assessed - Audit completenessMeasuredweight 5.0
3 linked artifacts; 1 missing hashes; 0 stale/failing sources.
- · artifact hash missing
- · source watermarks healthy
85+6.1
How it adds up: composite = Σ(score × weight) / Σ(weight) across measured + heuristic pillars only. Pending and data-rights-blocked pillars are excluded from both numerator and denominator. Total contributing weight = 70.0.
Caveat: 2 pillars not assessed yet; the score will recompute as the substrate fills in.
Structural coherence read
The Coherent Markets Engine checks this market's pricing for structural inconsistencies against related markets. Whether a current signal exists, and its construction, is included with Researcher.
See ResearcherMarket opened 2026-07-08 · minimum order size 5 shares · price tick size 0.001 · as stated by Polymarket.