Traders on the Kalshi prediction markets platform have increased the likelihood of a U.S.-Iran nuclear deal by 2027 to 58%, following an Axios report suggesting the two nations are nearing an agreement to end the ongoing Middle East conflict. Notably, there’s a 47% chance that a deal could materialize by September, reflecting a shift in sentiment since mid-April when expectations were even higher, with over 70% odds for a June resolution.

This development is significant for financial markets as it could influence geopolitical stability in the region, impacting energy prices and related sectors. A potential deal may also include terms regarding Iranian nuclear enrichment, which could lead to a more favorable environment for oil and gas investments, especially if sanctions are lifted or eased.

Market professionals should monitor these evolving dynamics closely, as any formal announcement could lead to substantial shifts in market sentiment and asset valuations, particularly in energy and defense sectors.

Source: cnbc.com