This market will resolve to “Yes” if Israel and Iran agree to a permanent peace deal by the specified date, 11:59 PM ET. Otherwise, this market will resolve to “No”.

A permanent peace deal refers to any agreement which explicitly indicates that military hostilities between Israel and Iran have ended or will permanently cease, or uses equivalent language clearly signaling a lasting end to military hostilities between Israel and Iran. Agreements that are explicitly temporary or which do not include a definitive agreement to end military hostilities between Israel and Iran on a lasting basis (e.g. a temporary extension of a previously announced ceasefire agreement), will not qualify.

A qualifying agreement will be considered to have been established if either of the following conditions are met:

• Israel and Iran each sign or formally adopt a written agreement (e.g. a treaty or multi-point agreement) which meets the above criteria.

• Both Israel and Iran provide clear public confirmation that a qualifying agreement has been definitively established. Negotiations, statements of progress, or other statements which do not constitute a definitive announcement that a qualifying agreement has been reached will not count.

The inclusion of Israel and Iran in a qualifying peace deal between multiple parties will qualify.

The primary resolution source for this market will be official information from the governments of Israel and Iran; however, a consensus of credible reporting may also be used.