Ongoing U.S.-Iran strikes centered on the Strait of Hormuz and Kharg Island, which processes roughly 90 percent of Iran’s crude exports, continue to shape trader views on the islands’ control. Repeated CENTCOM raids have targeted military sites without altering sovereignty, while Iran reinforces defenses and explores tolls or route restrictions, sustaining volatility in global energy benchmarks. The August 31, 2026 resolution deadline falls amid fragile cease-fire talks and naval blockades, with any shift in control likely to spike oil prices and shipping costs through the chokepoint. Market-implied odds reflect the high operational and economic barriers to seizure despite elevated tensions.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedFarsi, Hengam, Hormuz or Kharg Island no longer under Iranian control by...?
$91,137 Vol.
August 31
1%
September 30
4%
$91,137 Vol.
August 31
1%
September 30
4%
The islands that will be considered for resolution are: Farsi Island, Hengam Island, Hormuz Island and Kharg Island.
"No longer under the control of Iran" means that Iran no longer exercises primary governmental or military control over at least one of the specified islands, and another state, occupying force, or internationally backed authority has established control.
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 at least one of the specified islands 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: Aug 4, 2026, 8:03 PM ET
Resolver
0x65070BE91...The islands that will be considered for resolution are: Farsi Island, Hengam Island, Hormuz Island and Kharg Island.
"No longer under the control of Iran" means that Iran no longer exercises primary governmental or military control over at least one of the specified islands, and another state, occupying force, or internationally backed authority has established control.
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 at least one of the specified islands 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...Ongoing U.S.-Iran strikes centered on the Strait of Hormuz and Kharg Island, which processes roughly 90 percent of Iran’s crude exports, continue to shape trader views on the islands’ control. Repeated CENTCOM raids have targeted military sites without altering sovereignty, while Iran reinforces defenses and explores tolls or route restrictions, sustaining volatility in global energy benchmarks. The August 31, 2026 resolution deadline falls amid fragile cease-fire talks and naval blockades, with any shift in control likely to spike oil prices and shipping costs through the chokepoint. Market-implied odds reflect the high operational and economic barriers to seizure despite elevated tensions.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated



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