Trader consensus on Polymarket reflects very low implied probability for Kharg Island, Iran's vital Persian Gulf oil export hub handling over 90% of its crude shipments, losing Tehran’s control by the specified date, as no military actions have targeted the facility amid Israel-Iran tensions. Recent Israeli airstrikes in late October 2024 focused on missile production sites, explicitly avoiding energy infrastructure to prevent oil price surges and broader escalation. Iranian forces maintain full operational security there, with no reported breaches. Key risks include potential Iranian retaliation or intensified proxy conflicts, while upcoming U.S. election outcomes and diplomatic talks could influence restraint. Absent major war, status quo persists.
Experimental AI-generated summary referencing Polymarket data · Updated$3,329,330 Vol.
March 31
13%
April 30
33%
$3,329,330 Vol.
March 31
13%
April 30
33%
“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 13, 2026, 8:21 PM ET
Resolver
0x65070BE91...Resolver
0x65070BE91...Trader consensus on Polymarket reflects very low implied probability for Kharg Island, Iran's vital Persian Gulf oil export hub handling over 90% of its crude shipments, losing Tehran’s control by the specified date, as no military actions have targeted the facility amid Israel-Iran tensions. Recent Israeli airstrikes in late October 2024 focused on missile production sites, explicitly avoiding energy infrastructure to prevent oil price surges and broader escalation. Iranian forces maintain full operational security there, with no reported breaches. Key risks include potential Iranian retaliation or intensified proxy conflicts, while upcoming U.S. election outcomes and diplomatic talks could influence restraint. Absent major war, status quo persists.
Experimental AI-generated summary referencing Polymarket data · Updated
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