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icon for Hormuz Island no longer under Iranian control by...?

Hormuz Island no longer under Iranian control by...?

icon for Hormuz Island no longer under Iranian control by...?

Hormuz Island no longer under Iranian control by...?

NEW
Jul 31, 2026
Polymarket

$4,102 Vol.

Polymarket

July 31

$3,339 Vol.

1%

August 31

$763 Vol.

4%

This market will resolve to "Yes" if Hormuz Island is no longer under Iranian control by the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No". "No longer under the control of Iran" means that Iran no longer exercises primary governmental or military control over Hormuz 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 Hormuz 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.Iran maintains full sovereignty over Hormuz Island, a small but strategically positioned territory in the Strait of Hormuz that serves as one of several Iranian outposts influencing maritime traffic through the vital oil transit route. Recent US-Iran military exchanges, including strikes on coastal targets and Iranian responses to vessel movements, have centered on waterway access, fees, and passage protocols rather than any shift in island ownership or occupation. A June 2026 memorandum of understanding aimed at easing the broader crisis has not altered territorial status, while ongoing diplomatic efforts and intermittent escalations in July 2026 continue to focus on navigation rules and regional security arrangements among Gulf states. No verified military operations have targeted or displaced Iranian administration of the island itself.

This market will resolve to "Yes" if Hormuz Island is no longer under Iranian control by the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No".

"No longer under the control of Iran" means that Iran no longer exercises primary governmental or military control over Hormuz 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 Hormuz 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.
Volume
$4,102
End Date
Aug 31, 2026
Market Opened
Jul 20, 2026, 9:13 PM ET
This market will resolve to "Yes" if Hormuz Island is no longer under Iranian control by the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No". "No longer under the control of Iran" means that Iran no longer exercises primary governmental or military control over Hormuz 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 Hormuz 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.
This market will resolve to "Yes" if Hormuz Island is no longer under Iranian control by the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No". "No longer under the control of Iran" means that Iran no longer exercises primary governmental or military control over Hormuz 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 Hormuz 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.Iran maintains full sovereignty over Hormuz Island, a small but strategically positioned territory in the Strait of Hormuz that serves as one of several Iranian outposts influencing maritime traffic through the vital oil transit route. Recent US-Iran military exchanges, including strikes on coastal targets and Iranian responses to vessel movements, have centered on waterway access, fees, and passage protocols rather than any shift in island ownership or occupation. A June 2026 memorandum of understanding aimed at easing the broader crisis has not altered territorial status, while ongoing diplomatic efforts and intermittent escalations in July 2026 continue to focus on navigation rules and regional security arrangements among Gulf states. No verified military operations have targeted or displaced Iranian administration of the island itself.

This market will resolve to "Yes" if Hormuz Island is no longer under Iranian control by the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No".

"No longer under the control of Iran" means that Iran no longer exercises primary governmental or military control over Hormuz 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 Hormuz 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.
Volume
$4,102
End Date
Aug 31, 2026
Market Opened
Jul 20, 2026, 9:13 PM ET
This market will resolve to "Yes" if Hormuz Island is no longer under Iranian control by the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No". "No longer under the control of Iran" means that Iran no longer exercises primary governmental or military control over Hormuz 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 Hormuz 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.

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Frequently Asked Questions

"Hormuz Island no longer under Iranian control by...?" is a prediction market on Polymarket with 2 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "August 31" at 4%, followed by "July 31" at 1%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 4¢ implies that the market collectively assigns a 4% chance to that outcome. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

"Hormuz Island no longer under Iranian control by...?" is a newly created market on Polymarket, launched on Jul 20, 2026. As an early market, this is your opportunity to be among the first traders to set the odds and establish the market's initial price signals. You can also bookmark this page to track volume and trading activity as the market gains traction over time.

To trade on "Hormuz Island no longer under Iranian control by...?," browse the 2 available outcomes listed on this page. Each outcome displays a current price representing the market's implied probability. To take a position, select the outcome you believe is most likely, choose "Yes" to trade in favor of it or "No" to trade against it, enter your amount, and click "Trade." If your chosen outcome is correct when the market resolves, your "Yes" shares pay out $1 each. If it's incorrect, they pay out $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

This is a wide-open market. The current leader for "Hormuz Island no longer under Iranian control by...?" is "August 31" at just 4%, with "July 31" close behind at 1%. With no outcome commanding a strong majority, traders see this as highly uncertain, which can present unique trading opportunities. These odds update in real-time, so bookmark this page to watch how the probabilities evolve.

The resolution rules for "Hormuz Island no longer under Iranian control by...?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.