Kharg Island, Iran's primary oil export terminal handling 90% of its crude shipments in the Persian Gulf, remains fully under Iranian control despite recent U.S. airstrikes targeting air defenses, radar sites, the airport, and a hovercraft base. President Trump has escalated rhetoric, threatening further strikes "just for fun" or a ground invasion by Marine Expeditionary Units to seize the facility and curb Tehran's revenue unless diplomacy yields a deal, prompting Iran to bolster defenses with traps and personnel. Iranian state media released footage last week affirming operational security and uninterrupted exports. Traders monitor stalled negotiations, potential Strait of Hormuz disruptions, and U.S. military posturing ahead of any April resolution dates, with no verified loss of control to date.
Experimental AI-generated summary referencing Polymarket data · Updated$11,634,693 Vol.
April 15
12%
April 30
22%
May 31
27%
June 30
29%
$11,634,693 Vol.
April 15
12%
April 30
22%
May 31
27%
June 30
29%
“No longer under the control of Iran” means that Iran no longer exercises primary governmental or military control over Kharg Island, and another state, occupying force, or internationally backed authority has established control over the island.
Temporary raids, isolated landings, special operations, bombardment, sabotage, naval presence offshore, or temporary disruption of Iranian activity will not qualify on their own.
An announcement, threat, or claim that Iran has lost control will not qualify without actual control being established.
If control changes pursuant to a negotiated settlement, ceasefire term, surrender, or transfer agreement, this will qualify only once actual control has been established on the island.
If control over Kharg Island is contested, unclear, disputed, or not sufficiently established by the resolution date, this will not qualify, and the market will resolve to “No”.
The primary resolution source will be official statements from the relevant governments and militaries, along with a consensus of credible reporting.
Market Opened: Mar 16, 2026, 5:41 PM ET
Resolver
0x65070BE91...“No longer under the control of Iran” means that Iran no longer exercises primary governmental or military control over Kharg Island, and another state, occupying force, or internationally backed authority has established control over the island.
Temporary raids, isolated landings, special operations, bombardment, sabotage, naval presence offshore, or temporary disruption of Iranian activity will not qualify on their own.
An announcement, threat, or claim that Iran has lost control will not qualify without actual control being established.
If control changes pursuant to a negotiated settlement, ceasefire term, surrender, or transfer agreement, this will qualify only once actual control has been established on the island.
If control over Kharg Island is contested, unclear, disputed, or not sufficiently established by the resolution date, this will not qualify, and the market will resolve to “No”.
The primary resolution source will be official statements from the relevant governments and militaries, along with a consensus of credible reporting.
Resolver
0x65070BE91...Kharg Island, Iran's primary oil export terminal handling 90% of its crude shipments in the Persian Gulf, remains fully under Iranian control despite recent U.S. airstrikes targeting air defenses, radar sites, the airport, and a hovercraft base. President Trump has escalated rhetoric, threatening further strikes "just for fun" or a ground invasion by Marine Expeditionary Units to seize the facility and curb Tehran's revenue unless diplomacy yields a deal, prompting Iran to bolster defenses with traps and personnel. Iranian state media released footage last week affirming operational security and uninterrupted exports. Traders monitor stalled negotiations, potential Strait of Hormuz disruptions, and U.S. military posturing ahead of any April resolution dates, with no verified loss of control to date.
Experimental AI-generated summary referencing Polymarket data · Updated
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