White House Envoy Meets Iran in Islamabad

White House Envoy to Engage Iranian Officials in Islamabad Amid Tensions

• White House envoy Steve Witkoff will meet with Iranian officials in Islamabad on Saturday.
• The meeting was requested by Iran, indicating a shift from indirect to direct communication.
• The Polymarket contract for an end to military operations against Iran by April 30 is trading at 3.2% YES, up from 3% the previous day.
• Market odds briefly spiked from 2% to 50% before stabilizing, reflecting market sensitivity to new information.
• Daily face value traded is $2.8M, but actual USDC volume stands at $66,661, showing potential for significant price movement with large orders.

The upcoming meeting between U.S. and Iranian officials in Islamabad marks a notable shift towards direct engagement. The Polymarket contract’s current trading price of 3.2% YES reflects skepticism about an immediate ceasefire announcement.