Qatar warns Iran against using it as ‘political punching bag’ amid talks

Qatar has warned Iran not to use it as a “political punching bag,” signaling a push for diplomacy. The market for a US-Iran diplomatic meeting by April 30 is at 100% YES. Market reaction Qatar’s call for a comprehensive deal and support for European mediation point toward de-escalation, which feeds into the crude oil all-time high by April 30 market. That contract is priced at 1% YES, down from 2% just 24 hours ago. The market is thin: $2,513 in daily USDC volume and only $695 needed to move the price by 5 points. It doesn’t take much capital to shift perception here. The diplomatic market is more straightforward. Both the April 30 and June 30 meeting contracts are locked at 100% YES, with no daily trading volume. This is consensus, not active speculation.

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