Ongoing military operations in the Strait of Hormuz and renewed exchanges of strikes have sustained elevated tensions between the United States and Iran since the July collapse of a June memorandum of understanding. President Trump has asserted U.S. control over the waterway while mediators pursue talks, with the 60-day negotiation window tied to the MoU now expired amid conflicting accounts of progress. No congressional declaration of war has accompanied U.S. strikes or the naval blockade, consistent with historical patterns of limited engagements without formal authorization. Upcoming diplomatic deadlines, potential further incidents involving commercial shipping, and any shifts in congressional posture remain key variables that could alter the probability reflected in trader consensus.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedWill the US officially declare war on Iran by...?
$7,765,902 Vol.
December 31
3%
$7,765,902 Vol.
December 31
3%
To qualify, Congress must pass a formal declaration of war, consistent with its constitutional authority under Article I, Section 8. Authorizations for the use of military force (AUMFs), executive orders, presidential statements, or military actions do not qualify unless accompanied by a formal declaration of war enacted by Congress and signed into law.
The resolution source will be a clear consensus of credible reporting.
Market Opened: Jan 12, 2026, 3:49 PM ET
Resolver
0x65070BE91...To qualify, Congress must pass a formal declaration of war, consistent with its constitutional authority under Article I, Section 8. Authorizations for the use of military force (AUMFs), executive orders, presidential statements, or military actions do not qualify unless accompanied by a formal declaration of war enacted by Congress and signed into law.
The resolution source will be a clear consensus of credible reporting.
Resolver
0x65070BE91...Ongoing military operations in the Strait of Hormuz and renewed exchanges of strikes have sustained elevated tensions between the United States and Iran since the July collapse of a June memorandum of understanding. President Trump has asserted U.S. control over the waterway while mediators pursue talks, with the 60-day negotiation window tied to the MoU now expired amid conflicting accounts of progress. No congressional declaration of war has accompanied U.S. strikes or the naval blockade, consistent with historical patterns of limited engagements without formal authorization. Upcoming diplomatic deadlines, potential further incidents involving commercial shipping, and any shifts in congressional posture remain key variables that could alter the probability reflected in trader consensus.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated



Beware of external links.
Beware of external links.
Frequently Asked Questions