US strikes on April 7 targeted Iranian military installations on Kharg Island, Iran's critical Persian Gulf oil export terminal handling over 90% of its crude shipments, as part of escalating pressure over Tehran's control of the Strait of Hormuz. The Trump administration has deployed a third aircraft carrier and imposed a naval blockade, with President Trump publicly mulling a ground seizure to compel concessions, though prior attacks—including a March 13 bombing raid—spared oil infrastructure. Iranian officials claim the island remains fully under armed forces control with uninterrupted exports. Traders weigh invasion risks, potential retaliation, or diplomatic breakthroughs ahead of any resolution deadline, amid expert warnings of escalation traps.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedKharg Island no longer under Iranian control by...?
Kharg Island no longer under Iranian control by...?
$40,066,653 Vol.
April 30
<1%
May 31
11%
June 30
15%
$40,066,653 Vol.
April 30
<1%
May 31
11%
June 30
15%
“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...“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...US strikes on April 7 targeted Iranian military installations on Kharg Island, Iran's critical Persian Gulf oil export terminal handling over 90% of its crude shipments, as part of escalating pressure over Tehran's control of the Strait of Hormuz. The Trump administration has deployed a third aircraft carrier and imposed a naval blockade, with President Trump publicly mulling a ground seizure to compel concessions, though prior attacks—including a March 13 bombing raid—spared oil infrastructure. Iranian officials claim the island remains fully under armed forces control with uninterrupted exports. Traders weigh invasion risks, potential retaliation, or diplomatic breakthroughs ahead of any resolution deadline, amid expert warnings of escalation traps.
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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