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icon for Iran closes its airspace by...?

Iran closes its airspace by...?

icon for Iran closes its airspace by...?

Iran closes its airspace by...?

$16,104,231 Vol.

May 21, 2026
Polymarket

$16,104,231 Vol.

Polymarket

May 18

$935,540 Vol.

2%

May 21

$281,721 Vol.

11%

May 24

$234,207 Vol.

22%

May 31

$2,888,617 Vol.

36%

June 30

$96,833 Vol.

56%

This market will resolve to “Yes” if Iran initiates a major closure of its airspace, that is not solely due to weather conditions, by the listed date, 11:59 PM ET. Otherwise, this market will resolve to “No”. 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.This market will resolve to “Yes” if Iran initiates a major closure of its airspace, that is not solely due to weather conditions, by the listed date, 11:59 PM ET. Otherwise, this market will resolve to “No”. 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.Ongoing US-Israel military operations against Iranian targets and the associated standoff in the Strait of Hormuz have kept airspace closure risks elevated in the region. Recent Iranian accusations of civilian deaths from US strikes, combined with continued Israeli actions in Lebanon despite a fragile ceasefire, have prompted fresh diplomatic exchanges and military alerts in Tehran. Iran's Civil Aviation Authority has previously imposed narrow restrictions and temporary partial closures that did not meet full-closure criteria, yet traders continue to monitor official NOTAM issuances and statements from Iranian authorities for signs of broader measures. Scheduled diplomatic contacts through mediators and any new escalation in Gulf maritime tensions remain key near-term factors that could influence decisions on flight restrictions.

This market will resolve to “Yes” if Iran initiates a major closure of its airspace, that is not solely due to weather conditions, by the listed date, 11:59 PM ET. Otherwise, this market will resolve to “No”.

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.
Volume
$16,104,231
End Date
May 31, 2026
Market Opened
May 12, 2026, 11:06 AM ET
This market will resolve to “Yes” if Iran initiates a major closure of its airspace, that is not solely due to weather conditions, by the listed date, 11:59 PM ET. Otherwise, this market will resolve to “No”. 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.
This market will resolve to “Yes” if Iran initiates a major closure of its airspace, that is not solely due to weather conditions, by the listed date, 11:59 PM ET. Otherwise, this market will resolve to “No”. 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.This market will resolve to “Yes” if Iran initiates a major closure of its airspace, that is not solely due to weather conditions, by the listed date, 11:59 PM ET. Otherwise, this market will resolve to “No”. 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.Ongoing US-Israel military operations against Iranian targets and the associated standoff in the Strait of Hormuz have kept airspace closure risks elevated in the region. Recent Iranian accusations of civilian deaths from US strikes, combined with continued Israeli actions in Lebanon despite a fragile ceasefire, have prompted fresh diplomatic exchanges and military alerts in Tehran. Iran's Civil Aviation Authority has previously imposed narrow restrictions and temporary partial closures that did not meet full-closure criteria, yet traders continue to monitor official NOTAM issuances and statements from Iranian authorities for signs of broader measures. Scheduled diplomatic contacts through mediators and any new escalation in Gulf maritime tensions remain key near-term factors that could influence decisions on flight restrictions.

This market will resolve to “Yes” if Iran initiates a major closure of its airspace, that is not solely due to weather conditions, by the listed date, 11:59 PM ET. Otherwise, this market will resolve to “No”.

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.
Volume
$16,104,231
End Date
May 31, 2026
Market Opened
May 12, 2026, 11:06 AM ET
This market will resolve to “Yes” if Iran initiates a major closure of its airspace, that is not solely due to weather conditions, by the listed date, 11:59 PM ET. Otherwise, this market will resolve to “No”. 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.

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Frequently Asked Questions

"Iran closes its airspace by...?" is a prediction market on Polymarket with 9 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "June 30" at 56%, followed by "May 31" at 36%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 56¢ implies that the market collectively assigns a 56% 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.

As of today, "Iran closes its airspace by...?" has generated $16.1 million in total trading volume since the market launched on May 1, 2026. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.

To trade on "Iran closes its airspace by...?," browse the 9 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.

The current frontrunner for "Iran closes its airspace by...?" is "June 30" at 56%, meaning the market assigns a 56% chance to that outcome. The next closest outcome is "May 31" at 36%. These odds update in real-time as traders buy and sell shares, so they reflect the latest collective view of what's most likely to happen. Check back frequently or bookmark this page to follow how the odds shift as new information emerges.

The resolution rules for "Iran closes its airspace 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.