US and Israeli strikes on Iran since February 2026 have included targeted attacks on military sites at Kharg Island, Iran's primary oil export terminal handling roughly 90 percent of its crude shipments, though oil infrastructure has been spared to date. President Trump has repeatedly threatened to seize the island and assume control of associated oil and gas facilities, most recently on June 11 warning of such action "in the not too distant future" amid fresh exchanges of strikes, while comparing the approach to Venezuela. Iran has reinforced defenses there in response. Diplomatic efforts for a ceasefire or negotiated settlement continue alongside these military pressures, with reports of paused strikes and mediation attempts shaping assessments of whether Iranian control will end by key resolution dates.
Resumen experimental generado por IA con datos de Polymarket. Esto no es asesoramiento de trading y no influye en cómo se resuelve este mercado. · ActualizadoTrump Calls Off Planned Strikes and Signals Ceasefire Breakthrough
August 31 dips to 7%4%
Just hours after threatening an invasion, President Trump reversed course, canceling scheduled strikes and claiming a breakthrough in peace negotiations, which caused the probability of a U.S. seizure of the island to plummet.
Trump walks back Kharg Island seizure threat, questioning American appetite for ground troops
July 31 dips to 7%1%
Hours after his initial threat, Trump softened his stance during a Fox News interview, admitting he was unsure if the U.S. had the 'stomach' for a ground operation on the island.
Trump Threatens to Seize Iran's Kharg Island and Launch Heavy Strikes
August 31 dips to 11%2%
President Trump posted on Truth Social that the U.S. would hit Iran 'VERY HARD TONIGHT' and take control of Kharg Island in the 'not too distant future.' This sudden threat of a ground invasion briefly raised the probability of a change in control.
Iran Fortifies Kharg Island with Air Defenses and Mines to Deter Seizure
July 31 dips to 6%2%
Reports revealed that Iran heavily reinforced Kharg Island with surface-to-air missiles and mines, making any potential U.S. occupation highly risky and further depressing the odds of a successful takeover.
Trump cancels planned strikes on Iran and claims breakthrough peace settlement
July 31 dips to 5%3%
In a sudden reversal, Trump announced he canceled the planned military strikes, claiming that a final peace settlement had been approved by all parties, which significantly lowered the odds of any U.S. seizure of Kharg Island.
Trump Abruptly Cancels Planned Iran Strikes and Claims Peace Deal is Near
August 31 dips to 9%4%
Just hours after threatening a ground invasion, President Trump walked back his threats, canceled planned strikes, and announced a breakthrough in ceasefire negotiations, causing the probability of a U.S. takeover to plummet.
Trump vows to seize Kharg Island and strike Iran 'very hard tonight'
July 31 dips to 6%2%
President Trump publicly declared intentions to seize Kharg Island and control Iran's oil infrastructure, signaling potential military action. However, these remained threats without actual occupation, causing a drop in market probability for loss of Iranian control by July 31.
Pentagon officials confirm plans to seize Kharg Island are shelved due to high risk
August 31 dips to 9%4%
Senior Pentagon and administration officials revealed that plans to capture Kharg Island have been considered but repeatedly shelved because the operation is too risky. This diminished expectations of a near-term change in control, impacting the market's outlook for August 31.
Trump Cancels Strikes and Announces Breakthrough Ceasefire Settlement with Iran
July 31 dips to 6%3%
Hours after his initial threats, President Trump reversed course, canceling the planned strikes and declaring that a peace settlement had been reached, which sharply reduced the likelihood of any US seizure of the island.
Trump calls off planned strikes on Iran after Kharg Island threat
June 30 dips to 3%2%
Following his announcement of plans to seize Kharg Island, Trump reversed course and canceled U.S. strikes on Iran, claiming a peace deal had been approved by all parties, adding significant uncertainty to the conflict's trajectory.
Trump Threatens Future Seizure of Kharg Island but Cancels Scheduled Strikes
June 30 rises to 4%1%
President Trump posted on Truth Social that the U.S. would take control of Kharg Island in the 'not too distant future' to control Iran's oil markets, but hours later announced he had canceled scheduled military strikes. This confirmed that no immediate ground invasion was occurring, keeping the probability of a June 30 change of control very low.
Trump Threatens to Take Kharg Island but Calls Off Strikes
June 30 drops to 4%5%
President Trump publicly threatened to seize Kharg Island and assume control over Iran's oil markets but subsequently called off planned strikes. This escalation in rhetoric caused temporary market fluctuations but did not result in actual control change, reinforcing market doubts about a takeover by June 30.
US Marines Train Aboard USS Tripoli as Experts Estimate High Troop Requirements for Kharg Seizure
June 30 dips to 3%2%
Military experts noted that any operation to capture Kharg Island would require at least 1,200 troops and expose them to severe Iranian missile risks. This high operational barrier further depressed the market's expectations of an imminent U.S. takeover.
Iran Asserts Sovereignty Over Strait of Hormuz and Kharg Island Amid Ceasefire
June 30 dips to 7%2%
A billboard in Tehran depicting the Strait of Hormuz as 'Forever in Iran's Hand' highlighted Iran's continued assertion of sovereignty. With a fragile ceasefire in place and no active U.S. ground operations, traders increasingly bet against a loss of control by June 30, causing the price to drop.
Iranian Tankers Continue Loading Oil at Kharg Island Despite U.S. Blockade
June 30 drops to 8%5%
Reports of Iranian tankers successfully loading oil at Kharg Island demonstrated that Iran maintained firm operational and military control over the island, causing a sharp drop in the perceived probability of a successful U.S. takeover.
Reports of US and Israeli military planning for possible Kharg Island strike amid war fears
June 30 dips to 7%3%
Reports emerged in mid-May 2026 that US and Israeli military planners were considering expanded strikes or an assault on Kharg Island, reflecting ongoing tensions. However, such operations were assessed as highly risky with no confirmed ground action, sustaining low market probabilities for loss of Iranian control.
U.S. Naval Blockade Halts Oil Loadings at Iran's Kharg Island
June 30 dips to 9%2%
A U.S. naval blockade initiated in April successfully halted major tanker loading activity at Kharg Island for over ten days, forcing Iran to shift exports to other terminals and reducing the immediate likelihood of a military invasion to seize the island.
Kharg Island Loading Terminals Observed Empty as Iran Expands Maritime Control
June 30 dips to 9%1%
Satellite and maritime intelligence observed that Kharg Island loading terminals were completely empty for the first time in a month, while dark tanker queues expanded and IRGC patrols intensified. This demonstrated that despite the conflict, Iran maintained operational and military control over the island, reducing the likelihood of a near-term foreign takeover.
Satellite imagery shows no tanker loading at Kharg Island amid US naval blockade
June 30 dips to 4%3%
Satellite images from mid-May 2026 showed Kharg Island's oil export terminals devoid of tanker loading activity for at least ten days, indicating the operational impact of the US naval blockade. Despite this disruption, no evidence suggested a change in Iranian control over the island.
Satellite images show 23 tankers gathered at Kharg Island amid export bottlenecks
June 30 dips to 6%1%
Satellite imagery revealed a large cluster of tankers at Kharg Island, indicating continued Iranian use of the island as a key oil export hub despite U.S. naval blockades. This suggested Iran maintained operational control, reducing market confidence in a loss of control by June 30.
Trump Departs for Beijing Amid Ongoing Ceasefire and Shelved Invasion Plans
June 30 dips to 9%1%
President Trump departed for China as a fragile ceasefire remained in place. Reports highlighted that U.S. military plans to invade Kharg Island had been repeatedly shelved due to high casualty risks and the need for significant ground troops.
Kharg Island Loading Terminals Observed Fully Empty as IRGC Patrols Intensify
June 30 dips to 9%2%
Satellite imagery and maritime intelligence revealed that Kharg Island's loading terminals were completely empty for the first time in weeks, while IRGC patrols intensified. This demonstrated Iran's tight military grip and defensive posture on the island, reducing the likelihood of a sudden loss of control.
No credible reports of Kharg Island changing control despite ongoing conflict
June 30 dips to 9%3%
Despite ongoing military actions and threats, no official or credible reports confirmed that Iran lost control of Kharg Island, leading to market prices stabilizing at low levels reflecting a 'No' resolution expectation.
U.S. maintains blockade and airstrikes but no ground invasion of Kharg Island
June 30 dips to 9%3%
Despite ongoing military pressure including airstrikes and blockades, no U.S. ground troops were deployed to seize Kharg Island, and Iran retained control, leading to further decline in market probability.
Massive Oil Spill Detected Near Iran's Strategic Kharg Island Export Hub
Satellite imagery revealed a suspected oil spill covering dozens of square kilometers west of Kharg Island, raising maritime security concerns but confirming that the island remained under Iranian administrative control.
Senator Lindsey Graham Backtracks on Calls for U.S. to Seize Kharg Island
June 30 dips to 9%2%
After previously urging President Trump to 'take Kharg Island' to choke off Iranian oil revenues, Senator Lindsey Graham reportedly reversed his position, signaling a lack of political and military appetite for a risky ground occupation.
US discusses military control of Kharg Island as part of escalation plans
June 30 dips to 14%2%
White House and Pentagon discussions included seizing Kharg Island or imposing a naval blockade to force Iran's compliance, but no actual military occupation occurred. This maintained downward pressure on market prices as control remained with Iran.
Iranian President signals collapse of diplomacy, raising stakes for Kharg Island
June 30 dips to 14%2%
Iranian President Masoud Pezeshkian indicated that diplomatic talks would collapse, increasing the risk of military escalation. However, no reports confirmed a change in control of Kharg Island, maintaining market skepticism.
Iran signals collapse of talks, raising risk of intensified conflict
June 30 drops to 12%10%
Iranian President Masoud Pezeshkian indicated talks would collapse if no deal is reached soon, increasing the risk of military escalation but no confirmed change in control of Kharg Island, keeping market sentiment low.
US launches airstrikes on military targets on Kharg Island ahead of Trump deadline
June 30 dips to 30%2%
The US conducted strikes on about 50 military targets on Kharg Island, again sparing oil infrastructure. This reinforced that the US was applying pressure but not seizing control, leading to further decline in market probability for loss of Iranian control.
US Conducts Precision Airstrikes on Kharg Island Military Targets
June 30 drops to 11%6%
The U.S. military launched another round of airstrikes targeting military installations on Kharg Island while deliberately sparing oil infrastructure, signaling a strategy of containment rather than territorial seizure.
US launches second airstrike on military targets on Kharg Island
June 30 drops to 11%6%
US forces conducted another airstrike targeting Iranian military infrastructure on Kharg Island, again sparing oil export facilities. This reinforced Iranian control and lowered market confidence in a loss of control.
US conducts second airstrike on Iranian military targets on Kharg Island
June 30 drops to 21%7%
The US launched additional strikes on military installations on Kharg Island, again sparing oil infrastructure. This reinforced US military pressure but did not alter Iranian control, contributing to further decline in market probability for loss of control.
US President Trump threatens to deploy troops to seize Kharg Island
June 30 drops to 22%6%
President Trump publicly threatened to send ground forces to seize Kharg Island, but experts and analysts highlighted the high risk and potential failure, which contributed to further market price decline.
President Trump publicly considers seizing Kharg Island to control Iran's oil exports
June 30 drops to 32%7%
Trump suggested the US could seize Kharg Island, highlighting its strategic importance. This raised market attention but also concerns about the feasibility and risks of such an operation, contributing to price volatility and a downward trend in the probability of loss of Iranian control.
Trump publicly suggests US could seize Kharg Island and its oil
June 30 jumps to 44%5%
President Trump stated in an interview that seizing Kharg Island was an option to take Iran's oil and exert pressure, increasing market attention on the possibility of a change in control. However, no actual seizure occurred, and the island remained under Iranian control.
US plans potential seizure of Kharg Island amid troop deployments
June 30 drops to 39%6%
Reports emerged of US military planning to seize Kharg Island to control Iran's oil exports, with deployments of troops including the 82nd Airborne Division and amphibious assault ships. Despite these plans, no ground operation occurred, and the high risks of occupation kept market probabilities low.
Iran fortifies Kharg Island with additional military personnel and air defenses
June 30 drops to 39%5%
Reports emerged that Iran was laying traps and reinforcing Kharg Island's defenses in anticipation of a possible US ground operation, increasing the risks of a costly invasion and reducing market confidence in a loss of Iranian control.
Iran Bolsters Defenses on Kharg Island to Counter Potential US Ground Assault
June 30 dips to 46%2%
U.S. intelligence reports revealed that Iran reinforced Kharg Island with additional military personnel, air defenses, and shoreline mines, raising the stakes and risks of any potential U.S. seizure operation.
US President Trump considers seizing Kharg Island but faces expert warnings
June 30 drops to 37%8%
President Trump considered deploying ground troops to seize Kharg Island, but experts warned of high risks to US troops and questioned the strategic value, leading to market uncertainty and a price decline.
Discussion intensifies on seizing Kharg Island to pressure Iran
June 30 dips to 45%3%
On March 24, 2026, discussions emerged about using U.S. Marines to seize Kharg Island to cripple Iran's oil exports and force reopening of the Strait of Hormuz. This raised market hopes but also highlighted the risks involved, causing initial price volatility.
US discusses seizing Kharg Island to pressure Iran
June 30 dips to 44%4%
Reports emerged of US military considerations to seize Kharg Island to cripple Iran's oil exports and force reopening of the Strait of Hormuz. This raised the market's probability as it suggested a possible change in control.

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