President Donald Trump had threatened to "hit and obliterate" Iran's power plants if the Strait of Hormuz wasn't reopened within 48 hours, leading to a 10% drop in oil prices and a delay in strikes on energy infrastructure. Despite this, the U.S. postponed strikes on Iran's energy infrastructure for five days, Iran's foreign ministry denied this, claiming the announcement was intended to lower energy prices. Meanwhile, 10 new Polymarket wallets appeared on Sunday, betting $160,000 on a U.K.-Iran ceasefire. The largest single wallet turned $61,000 into over $493,000. This follows six new accounts that netted roughly $1.2 million by betting on the timing of US strikes before the first bombs fell.