Former President Donald Trump confirmed that the United States conducts intermittent strikes in Iran, targeting Iranian military infrastructure amid an ongoing conflict since February 2026. These strikes are part of a broader strategy to degrade Iran’s military capabilities. Market reaction suggests that participants view this escalation as detrimental to prospects for a US-Iran deal in 2026. Odds on the US-Iran deal prediction market have dropped, reflecting increased instability and reduced likelihood of diplomatic resolution.
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