Iran's airspace underwent phased reopening starting April 18 after closures triggered by US and Israeli airstrikes reported in January and February 2026, culminating in commercial flights resuming at Tehran's Imam Khomeini International Airport on May 1 amid a fragile US-Iran ceasefire. The Civil Aviation Organization outlined four stages prioritizing transit routes and domestic operations, with the US Embassy advising caution due to incomplete normalization. Persistent tensions, including IRGC claims of downing Israeli Hermes 900 drones over Fars Province and accusations of ceasefire breaches like Lebanese strikes, heighten re-closure risks. Traders weigh escalation signals against de-escalation efforts, with no confirmed violations yet but upcoming diplomatic talks and regional proxy actions as key catalysts.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedIran closes its airspace by...?
Iran closes its airspace by...?
$38,392 Vol.
May 8
21%
May 31
37%
$38,392 Vol.
May 8
21%
May 31
37%
A “major closure” is defined as a broad closure, cancellation, or suspension of commercial flights transiting, arriving in, and departing from Iranian airspace or a major Iranian Airspace region. A qualifying closure must apply generally to flights across Iran or a major Iranian airspace region. Limited cancellations, delays, or other partial closures will not qualify. Limited exceptions to a broad closure, however, will not disqualify such a closure from counting (e.g. exceptions for certain flights pre-approved by the Iranian Civil Aviation Authority may be permitted).
Any non-weather complete suspension of commercial arrivals and departures affecting at least two of the following airports will qualify: Imam Khomeini International Airport (IKA), Mehrabad Airport (THR), Mashhad International Airport (MHD), Shiraz International Airport (SYZ), or Isfahan International Airport (IFN).
Qualifying previous examples include the January 2026 total closure of Iranian airspace except to international flights with express governmental permission (https://www.reuters.com/world/middle-east/iran-shuts-airspace-most-flights-flightradar24-says-2026-01-14/) and the April 2024 closure of Iran’s western airspace (https://www.reuters.com/world/middle-east/iranian-airports-cancel-flights-until-monday-morning-2024-04-14/). Non-qualifying examples include the January 27, 2026 partial closure of Iranian airspace around the Strait of Hormuz (https://www.aa.com.tr/en/middle-east/iran-issues-airspace-notice-for-military-drills-near-strait-of-hormuz/3812508) and the January 25 - April 25, 2026 VFR (Visual Flight Rules) flights suspension which did not broadly close commercial aviation in a qualifying region (https://www.intellinews.com/iran-suspends-general-aviation-and-vfr-flights-in-new-airspace-directive-421997/).
Warnings, No-Fly-Zones, or other flight restrictions imposed by airlines or countries other than Iran will not be sufficient for a “Yes” resolution.
Airspace closures which occur solely due to weather conditions will not qualify.
The primary resolution sources for this market will be official information from Iranian aviation authorities and a consensus of credible reporting.
Market Opened: May 1, 2026, 2:17 PM ET
Resolver
0x65070BE91...A “major closure” is defined as a broad closure, cancellation, or suspension of commercial flights transiting, arriving in, and departing from Iranian airspace or a major Iranian Airspace region. A qualifying closure must apply generally to flights across Iran or a major Iranian airspace region. Limited cancellations, delays, or other partial closures will not qualify. Limited exceptions to a broad closure, however, will not disqualify such a closure from counting (e.g. exceptions for certain flights pre-approved by the Iranian Civil Aviation Authority may be permitted).
Any non-weather complete suspension of commercial arrivals and departures affecting at least two of the following airports will qualify: Imam Khomeini International Airport (IKA), Mehrabad Airport (THR), Mashhad International Airport (MHD), Shiraz International Airport (SYZ), or Isfahan International Airport (IFN).
Qualifying previous examples include the January 2026 total closure of Iranian airspace except to international flights with express governmental permission (https://www.reuters.com/world/middle-east/iran-shuts-airspace-most-flights-flightradar24-says-2026-01-14/) and the April 2024 closure of Iran’s western airspace (https://www.reuters.com/world/middle-east/iranian-airports-cancel-flights-until-monday-morning-2024-04-14/). Non-qualifying examples include the January 27, 2026 partial closure of Iranian airspace around the Strait of Hormuz (https://www.aa.com.tr/en/middle-east/iran-issues-airspace-notice-for-military-drills-near-strait-of-hormuz/3812508) and the January 25 - April 25, 2026 VFR (Visual Flight Rules) flights suspension which did not broadly close commercial aviation in a qualifying region (https://www.intellinews.com/iran-suspends-general-aviation-and-vfr-flights-in-new-airspace-directive-421997/).
Warnings, No-Fly-Zones, or other flight restrictions imposed by airlines or countries other than Iran will not be sufficient for a “Yes” resolution.
Airspace closures which occur solely due to weather conditions will not qualify.
The primary resolution sources for this market will be official information from Iranian aviation authorities and a consensus of credible reporting.
Resolver
0x65070BE91...Iran's airspace underwent phased reopening starting April 18 after closures triggered by US and Israeli airstrikes reported in January and February 2026, culminating in commercial flights resuming at Tehran's Imam Khomeini International Airport on May 1 amid a fragile US-Iran ceasefire. The Civil Aviation Organization outlined four stages prioritizing transit routes and domestic operations, with the US Embassy advising caution due to incomplete normalization. Persistent tensions, including IRGC claims of downing Israeli Hermes 900 drones over Fars Province and accusations of ceasefire breaches like Lebanese strikes, heighten re-closure risks. Traders weigh escalation signals against de-escalation efforts, with no confirmed violations yet but upcoming diplomatic talks and regional proxy actions as key catalysts.
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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