Kharg Island, Iran's primary oil export terminal handling nearly 90% of its crude shipments through the Strait of Hormuz, remains firmly under Tehran's control amid escalating US-Iran military tensions. US airstrikes on March 13 targeted military sites on the island without damaging infrastructure, prompting Iran to bolster air defenses and personnel in recent weeks. President Trump's March 30 ultimatum to obliterate the facility unless Iran reopens the strait has fueled speculation of a ground invasion, with fresh US search-and-rescue operations reported near the island today amid reports of a downed F-15. Traders monitor deployed US forces and diplomatic efforts for signs of seizure or de-escalation before any resolution deadline.
Experimental AI-generated summary referencing Polymarket data · Updated$11,515,851 Vol.
April 15
9%
April 30
21%
May 31
26%
June 30
29%
$11,515,851 Vol.
April 15
9%
April 30
21%
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 13, 2026, 8:21 PM ET
Resolver
0x65070BE91...Outcome proposed: No
No dispute
Final outcome: No
“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...Outcome proposed: No
No dispute
Final outcome: No
Kharg Island, Iran's primary oil export terminal handling nearly 90% of its crude shipments through the Strait of Hormuz, remains firmly under Tehran's control amid escalating US-Iran military tensions. US airstrikes on March 13 targeted military sites on the island without damaging infrastructure, prompting Iran to bolster air defenses and personnel in recent weeks. President Trump's March 30 ultimatum to obliterate the facility unless Iran reopens the strait has fueled speculation of a ground invasion, with fresh US search-and-rescue operations reported near the island today amid reports of a downed F-15. Traders monitor deployed US forces and diplomatic efforts for signs of seizure or de-escalation before any resolution deadline.
Experimental AI-generated summary referencing Polymarket data · Updated



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