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Republicans’ patience with Iran war waning, says House Foreign Affairs Chair

By Estefano Gomez · Published April 16, 2026 · 2 min read · Source: Crypto Briefing
Regulation

Rep. Mast, chairman of the House Foreign Affairs Committee, said Republicans’ patience with the ongoing war in Iran is wearing thin. The market on Trump agreeing to Iranian oil sanction relief in April sits at 36% YES.

Mast’s comments moved the Trump agreement to Iranian demands market, which rose 2 points from 34% yesterday. Traders appear to be pricing in Congressional pressure on Trump’s negotiating position. The US war declaration market by December 31 sits at 7.5% YES, down and suggesting traders see formal escalation as unlikely.

The Trump agreement market traded $5,592 in USDC over the past 24 hours. The cost to move that market 5 percentage points is $198, indicating moderate liquidity. The war declaration market requires $1,830 to shift odds by 5 points, meaning it takes considerably more capital to move.

Mast’s remarks point toward possible Congressional action to halt the war, which would lower the probability of a formal declaration. A YES share in the war declaration market at 7.5¢ pays $1 if resolved, a 13.3x return. To justify that bet, you’d need to believe in a major escalation within 259 days.

Watch for Congressional moves toward a “stop the war” resolution, which could shift sentiment and odds in both markets. Rep. Mast and other Republican figures on the Foreign Affairs Committee are the ones to track for signals of legislative action.

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Where Will The Next Us Iran Diplomatic Meeting Happen 455
Contract Odds Δ since publish Volume 24h
June 30 2.6% Trade →
What Will The Us Agree To
Contract Odds Δ since publish Volume 24h
April 34.5% Trade →
Will The Us Officially Declare War On Iran
Contract Odds Δ since publish Volume 24h
December 31, 2026 7.5% Trade →
April 30, 2026 0.7% Trade →
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