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icon for US reissues Iran oil sales sanction relief by...?

US reissues Iran oil sales sanction relief by...?

icon for US reissues Iran oil sales sanction relief by...?

US reissues Iran oil sales sanction relief by...?

$218,165 Vol.

31. Aug. 2026
Polymarket

$218,165 Vol.

Polymarket

August 31

$129,283 Vol.

13%

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.Recent revocation of the U.S. Treasury’s General License X on July 7, 2026, following tanker attacks in the Strait of Hormuz, ended the prior 60-day sanctions waiver that had permitted Iranian crude and petrochemical sales through August 21. This action, issued by OFAC amid Trump administration policy, has tightened supply expectations and supported global oil benchmarks such as WTI and Brent amid elevated geopolitical risk premiums. Trader sentiment on potential reissuance hinges on any renewed interim diplomatic progress, Iranian export volumes, and labor-market or inflation data that could influence broader energy price stability. Key near-term catalysts include upcoming FOMC communications, Treasury enforcement updates, and any signals on Hormuz traffic normalization that could alter market-implied odds for fresh relief.

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.
Volumen
$218,165
Enddatum
31. Aug. 2026
Markt eröffnet
Jul 8, 2026, 2:35 PM ET
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.
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.Recent revocation of the U.S. Treasury’s General License X on July 7, 2026, following tanker attacks in the Strait of Hormuz, ended the prior 60-day sanctions waiver that had permitted Iranian crude and petrochemical sales through August 21. This action, issued by OFAC amid Trump administration policy, has tightened supply expectations and supported global oil benchmarks such as WTI and Brent amid elevated geopolitical risk premiums. Trader sentiment on potential reissuance hinges on any renewed interim diplomatic progress, Iranian export volumes, and labor-market or inflation data that could influence broader energy price stability. Key near-term catalysts include upcoming FOMC communications, Treasury enforcement updates, and any signals on Hormuz traffic normalization that could alter market-implied odds for fresh relief.

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.
Volumen
$218,165
Enddatum
31. Aug. 2026
Markt eröffnet
Jul 8, 2026, 2:35 PM ET
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.

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