Will the US-Iran Ceasefire Continue Through the Midterms? Here’s What the Prediction Market Is Saying
President Donald Trump on Thursday said that the U.S. will not restart attacks against Iran before the November midterm Congressional elections and said that the two countries are having "productive" talks.However, Trump is currently considering against Iran-backed Houthi rebels in Yemen.Here’s what Prediction Market Is SayingThe is currently betting on whether the informal ceasefire between the U.S. and Iran will continue through the midterms,Polymarket, a Polygon based prediction platform that allows users to wager on an outcome using the USDC stablecoin is currently betting on a contract "US-Iran ceasefire continues through the midterms?"Over $150,000 has been bet on the contract so far.Bettors have placed a 75% probability on the US-Iran ceasefire continuing through the midterms.Missile Attack on Riyadh AirportA missile strike on Saudi Arabia’s King Khalid International Airport resulted in the deaths of 12 people and injured over 300. This was followed by a that killed one and injured several.On Saturday, Trump said he was considering U.S. involvement in Saudi strikes against the rebels.“We may. We’re going to look at it,” Trump told reporters. “We just found out about the recent attack. So we’ll make a decision. We move very quickly.”Iran Escalates Attacks on ShipsIran has near the Strait of Hormuz and the Persian Gulf. Iran has launched more than a dozen strikes on shipping since the end of September.The U.S. military continues to enforce a blockade on Iranian ports as Tehran remains dissatisfied with the U.S. proposal to end the war and restore shipping, calling the U.S. response “insufficient.”Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Read Also: Trump's Russian Diesel Deal Draws Bipartisan Fire — Senators Demand He 'Immediately Reverse Course,' Kamala Harris Says It ‘Reeks of Weakness’ Photo courtesy: Shutterstock