## Market Snapshot The Iranian leadership change market shows a December 31 YES resolution at 33.5%, slightly decreased from 34% the previous day. The potential fall of the Iranian regime by May 31 is priced at 3.1% YES, up from 2% a day earlier. No substantial update is available for the Iran leadership status market by the end of 2026. ## Key Takeaways – The recent events appear to align with increased probability for leadership change in Iran, as suggested by market pricing. – Markets suggest a heightened likelihood of…