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Updated November 12, 2026 · Category: Politics & Elections · Market end date: December 31, 2026
As of November 12, 2026 at 00:50 UTC, the leading outcome is By December 31 at 30.5%, followed by By November 30 at 16.5%, By November 15 at 3.4%. The market has $210.0K in total volume and $210.0K in the last 24 hours.
| Outcome | Probability | 24h change | Volume |
|---|---|---|---|
| By December 31 | 30.5% | -28.5 pts | $53.5K |
| By November 30 | 16.5% | -33.5 pts | $71.7K |
| By November 15 | 3.4% | -45.6 pts | $84.8K |
Total volume $210.0K · 24h volume $210.0K · Liquidity $342.7K. Prices are Polymarket YES-share prices read as probabilities; they are not executable quotes.
■ By December 31 ■ By November 30 ■ By November 15 · 30-day price history (12-hour points)
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This market will resolve to “Yes” if there is an energy ceasefire agreement between Russia and Ukraine between market creation and the specified date, 11:59 PM Kyiv time. Otherwise, this market will resolve to “No”.
An energy ceasefire refers to a mutually agreed arrangement under which both Russia and Ukraine commit to suspend strikes on at least one specific, defined category of the other country's energy infrastructure (e.g. oil refineries, gas processing plants, power plants, electricity transmission and distribution facilities, oil and gas pipelines, fuel storage facilities, or oil and gas export terminals), regardless of whether the two countries' commitments cover the same category. A category need not cover all such infrastructure in the other country to qualify; a category limited to a defined geographic area will be sufficient.
The agreement must be either officially announced by both countries or confirmed by a consensus of credible reporting to have been mutually agreed by both countries. A claim by a third party, including the President of the United States, that Russia and Ukraine have agreed to such an arrangement will not qualify without such confirmation.
A broader ceasefire, peace deal, normalization agreement, political framework, truce, or humanitarian pause will qualify if it includes a mutually agreed general suspension of strikes by both countries, whether or not it names energy infrastructure or any specific category of it. It will also qualify if it otherwise includes a mutually agreed suspension of strikes that meets the requirements above. Agreements that outline future negotiations or de-escalation measures without an explicit commitment to suspend strikes will not qualify.
Any form of informal understanding, backchannel communication, de-escalation without an announced agreement, or unilateral pause in strikes will not be considered an energy ceasefire agreement. Arrangements which only apply to a single facility (e.g. the Zaporizhzhia Nuclear Power Plant), will not qualify.
If a qualifying agreement is officially reached before this market’s end date, this market will resolve to “Yes,” regardless of whether the energy ceasefire officially takes effect after that date.
The primary resolution sources for this market will be official information from the governments of Russia and Ukraine and a consensus of credible reporting.
Summary of the market's published rules. The rules on Polymarket control settlement; check them there before relying on any outcome: open this market on Polymarket.
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As of November 12, 2026 at 00:50 UTC, the leading outcome is By December 31 at 30.5%, followed by By November 30 at 16.5%, By November 15 at 3.4%. The market has $210.0K in total volume and $210.0K in the last 24 hours.
The event's listed end date is December 31, 2026. Each outcome settles under the market's written rules, summarized on this page, which can differ from the end-date field.
They are the displayed prices of each outcome's YES share on Polymarket. A price of 60¢ implies roughly a 60% chance. This page refreshes the numbers twice a day, so they are not live quotes.
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