Kharg Island, Iran's primary oil export terminal handling nearly 90% of its crude shipments in the Persian Gulf, remains under firm Iranian control amid the ongoing US-Iran conflict over the Strait of Hormuz. US and Israeli forces conducted precision strikes on military targets there in early April 2026, sparing oil infrastructure, while Iran reinforced defenses with additional air systems and reported no lasting damage. Satellite imagery as of May 12 reveals the first prolonged halt in loadings at the island's jetties alongside a suspected oil slick nearby, reflecting war-induced economic pressure but no territorial shift. Fragile ceasefire talks and escalation risks, including potential ground operations, loom ahead of any resolution deadline, underscoring trader caution on near-term loss of control.
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...?
$42,469,538 Vol.
May 31
5%
June 30
10%
$42,469,538 Vol.
May 31
5%
June 30
10%
“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...Kharg Island, Iran's primary oil export terminal handling nearly 90% of its crude shipments in the Persian Gulf, remains under firm Iranian control amid the ongoing US-Iran conflict over the Strait of Hormuz. US and Israeli forces conducted precision strikes on military targets there in early April 2026, sparing oil infrastructure, while Iran reinforced defenses with additional air systems and reported no lasting damage. Satellite imagery as of May 12 reveals the first prolonged halt in loadings at the island's jetties alongside a suspected oil slick nearby, reflecting war-induced economic pressure but no territorial shift. Fragile ceasefire talks and escalation risks, including potential ground operations, loom ahead of any resolution deadline, underscoring trader caution on near-term loss of control.
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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