This market resolves to YES if the White House, Department of the Treasury (OFAC), or Department of State officially announces a waiver, suspension, or complete removal of sanctions targeting Chinese companies or tankers for the purchase or transport of Iranian crude oil.

It resolves to NO if no official policy change or waiver is formally published by the deadline, even if verbal agreements are rumored.

Resolution Source: U.S. Department of the Treasury - OFAC Recent Actions / White House Briefing Room.