Kharg Island, Iran's primary oil export terminal in the Persian Gulf handling over 90% of its crude shipments, remains firmly under full Iranian government control amid heightened Israel-Iran tensions. Recent Israeli airstrikes on October 26 targeted Iranian military sites including missile production facilities and air defenses, but explicitly spared energy infrastructure like Kharg to avert broader economic fallout and oil market disruption. No verified attacks, territorial incursions, or loss of control have occurred in the past 30 days, with Iranian forces maintaining unchallenged dominance. Traders monitor potential Iranian retaliation, US diplomatic pressures, or Houthi disruptions to shipping lanes as factors that could escalate risks, though de-escalation signals from Tehran have steadied sentiment.
Experimental AI-generated summary referencing Polymarket data · Updated$6,222,761 Vol.
March 31
8%
April 30
33%
May 31
40%
June 30
44%
$6,222,761 Vol.
March 31
8%
April 30
33%
May 31
40%
June 30
44%
“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 24, 2026, 4:13 PM ET
Resolver
0x65070BE91...Resolver
0x65070BE91...Kharg Island, Iran's primary oil export terminal in the Persian Gulf handling over 90% of its crude shipments, remains firmly under full Iranian government control amid heightened Israel-Iran tensions. Recent Israeli airstrikes on October 26 targeted Iranian military sites including missile production facilities and air defenses, but explicitly spared energy infrastructure like Kharg to avert broader economic fallout and oil market disruption. No verified attacks, territorial incursions, or loss of control have occurred in the past 30 days, with Iranian forces maintaining unchallenged dominance. Traders monitor potential Iranian retaliation, US diplomatic pressures, or Houthi disruptions to shipping lanes as factors that could escalate risks, though de-escalation signals from Tehran have steadied sentiment.
Experimental AI-generated summary referencing Polymarket data · Updated



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