Kharg Island, Iran's primary oil export terminal handling nearly 90% of its crude shipments in the Persian Gulf, remains firmly under Iranian armed forces control as of early April 2026, despite a US airstrike on March 13 that degraded military infrastructure while sparing energy facilities. President Trump's repeated threats to seize the island aim to compel Tehran to reopen the Strait of Hormuz amid ongoing blockade tensions, prompting Iran to bolster defenses with additional troops, air systems, and traps since late March. Iranian state media footage confirms operational continuity and security, with tankers still loading crude. Traders assess risks of US ground escalation against defensive challenges and diplomatic uncertainties.
Experimental AI-generated summary referencing Polymarket data · Updated$11,453,694 Vol.
April 15
10%
April 30
22%
May 31
26%
June 30
29%
$11,453,694 Vol.
April 15
10%
April 30
22%
May 31
26%
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 30, 2026, 6:29 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 nearly 90% of its crude shipments in the Persian Gulf, remains firmly under Iranian armed forces control as of early April 2026, despite a US airstrike on March 13 that degraded military infrastructure while sparing energy facilities. President Trump's repeated threats to seize the island aim to compel Tehran to reopen the Strait of Hormuz amid ongoing blockade tensions, prompting Iran to bolster defenses with additional troops, air systems, and traps since late March. Iranian state media footage confirms operational continuity and security, with tankers still loading crude. Traders assess risks of US ground escalation against defensive challenges and diplomatic uncertainties.
Experimental AI-generated summary referencing Polymarket data · Updated



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