Ongoing US-Iran hostilities since February 2026, including the March strike on Kharg Island's military sites and subsequent naval blockade, have elevated risks to Iranian sovereignty over these strategic Persian Gulf assets, which handle the bulk of Tehran's crude exports. Kharg alone accounts for roughly 90% of Iran's oil shipments, while Hormuz Island sits near the strait through which about 20% of global oil and gas typically transits, directly influencing benchmark crude prices and tanker rates. Renewed attacks in July and August talks with Oman over traffic control and fees have introduced volatility, with markets pricing in persistent uncertainty around export flows and potential escalations versus interim agreements. Upcoming catalysts include any resolution on blockade terms or further military actions that could shift control dynamics before year-end.
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...?
$95,006 Vol.
August 31
1%
September 30
2%
$95,006 Vol.
August 31
1%
September 30
2%
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 US-Iran hostilities since February 2026, including the March strike on Kharg Island's military sites and subsequent naval blockade, have elevated risks to Iranian sovereignty over these strategic Persian Gulf assets, which handle the bulk of Tehran's crude exports. Kharg alone accounts for roughly 90% of Iran's oil shipments, while Hormuz Island sits near the strait through which about 20% of global oil and gas typically transits, directly influencing benchmark crude prices and tanker rates. Renewed attacks in July and August talks with Oman over traffic control and fees have introduced volatility, with markets pricing in persistent uncertainty around export flows and potential escalations versus interim agreements. Upcoming catalysts include any resolution on blockade terms or further military actions that could shift control dynamics before year-end.
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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