About This Market

This market will resolve to "Yes" if the United States government officially suspends, waives, lifts, removes, or materially eases any existing direct OFAC sanctions on Iran between market creation and the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No." Sanctions could include measures like blocking sanctions, financial restrictions, trade restrictions, travel bans, restrictions on specific Iranian individuals or entities, sectoral sanctions, or any other Iran-related measures administered or enforced by OFAC that are commonly recognized as direct sanctions. For purposes of this market, qualifying sanctions relief must materially suspend, waive, lift, or ease direct OFAC sanctions on Iran, the Government of Iran, Iranian persons or entities, Iranian sectors, or Iran-related transactions. Partial sanctions relief will qualify, including relief limited to a specific Iranian sector, Iranian state entity, Iranian financial institution, or category of Iran-related transactions. A new or expanded OFAC general license, waiver, regulation, or other official action will qualify if it materially authorizes activity that was previously prohibited under direct Iran-related OFAC sanctions. Sanctions relief for a non-Iranian third party will not qualify, regardless of whether that party was sanctioned for Iran-related activity. The passage of an official act/executive order or issuance of an official regulation, license, waiver, or other official action lifting or materially easing OFAC sanctions on Iran within this market's timeframe will count toward a "Yes" resolution, even if the lifting or easing of those sanctions does not come into effect until after this market's resolution date. The primary resolution source will be official information from the government of the United States, including the U.S. Department of the Treasury and OFAC, however a consensus of credible reporting may be used.