Name: Will Iran close the Strait of Hormuz by...?
Start: 2025-11-05T16:31:58.760617Z
End: 2026-12-31T00:00:00Z

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If Iran halts or severely restricts international maritime traffic through the Strait of Hormuz by December 31, 2026, 11:59 PM ET, this market will resolve to "Yes". Otherwise, this market will resolve to "No".

The primary resolution source for this market will be official governmental information, however a consensus of credible reporting will also be used.

December 31

If Iran halts or severely restricts international maritime traffic through the Strait of Hormuz by January 31, 2026, 11:59 PM ET, this market will resolve to "Yes". Otherwise, this market will resolve to "No".

The primary resolution source for this market will be official governmental information, however a consensus of credible reporting will also be used.

January 31

Strait of Hormuz

Will Iran close the Strait of Hormuz by...?

If Iran halts or severely restricts international maritime traffic through the Strait of Hormuz by June 30, 2025, 11:59 PM ET, this market will resolve to "Yes". Otherwise, this market will resolve to "No".

The primary resolution source for this market will be official governmental information, however a consensus of credible reporting will also be used.

Will Iran close the Strait of Hormuz before July?

If Iran halts or severely restricts international maritime traffic through the Strait of Hormuz by December 31, 2025, 11:59 PM ET, this market will resolve to "Yes". Otherwise, this market will resolve to "No".

The primary resolution source for this market will be official governmental information, however a consensus of credible reporting will also be used.

Will Iran close the Strait of Hormuz in 2025?

If Iran halts or severely restricts international maritime traffic through the Strait of Hormuz by December 31, 2023, 11:59 PM ET, this market will resolve to "Yes". Otherwise, this market will resolve to "No".

The primary resolution source for this market will be official governmental information, however a consensus of credible reporting will also be used.


Will Iran close the Strait of Hormuz in 2023?

This market will resolve to "Yes" if Israel or the United States carry out a kinetic military strike against the municipality of Tehran or any target within the municipality, between market creation and January 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

This includes, but is not limited to drone and missile strikes, aerial bombings, and kinetic actions carried out by U.S. or Israeli operatives on the ground. Cyber attacks, sanctions, or diplomatic actions will not count towards the resolution of this market.

Israeli missile and drone strikes which are shot down or miss their targets will not be considered for this market, even if it enters Tehran’s airspace and its wreckage lands in Tehran.

The resolution source for this market is official statements from the U.S., Israeli, and Iranian governments, however a consensus of credible reporting will also be used.

Note: Cyber attacks will not qualify, even if they have kinetic effects.


Will Israel or the US target Tehran?

This market will resolve to “No” if any of the following conditions are met between market creation and March 31, 2026, 11:59 ET:

- Khamenei out as Supreme Leader of Iran
- Khamenei leaves Iran

Otherwise, this market will resolve to “Yes”.

Khamenei out as Supreme Leader of Iran:
This market will resolve to "No" if Iran's Supreme Leader, Ali Khamenei, is removed from power for any length of time during this market’s above-specified time frame. Khamenei will be considered to be removed from power if he resigns, is detained, or otherwise loses his position or is prevented from fulfilling his duties as Supreme Leader of Iran within this market's timeframe. The primary resolution source for this market will be a consensus of credible reporting.

Khamenei leaves Iran:
This market will resolve to "No" if it is confirmed that Ali Khamenei has left Iran for any length of time during this market’s above-specified time frame. In cases where Ali Khamenei may have exited Iranian airspace on a plane, he must be confirmed to have exited the plane in a country other than Iran for this market to resolve to "No". If Ali Khamenei exits Iranian maritime territory on a boat to international waters, this market may resolve to "No". The resolution source for this market will be a consensus of credible reporting.

Nothing Ever Happens: Khamenei

This market will resolve to "Yes" if the US initiates a drone, missile, or air strike on Iranian soil or any official Iranian embassy or consulate between the time of this market's creation and the listed date (ET). Otherwise, this market will resolve to "No".

For the purposes of this market, a qualifying "strike" is defined as the use of aerial bombs, drones or missiles (including cruise or ballistic missiles) launched by US military forces that impact Iranian ground territory or any official Iranian embassy or consulate (e.g., if a weapons depot on Iranian soil is hit by an US missile, this market will resolve to "Yes").

Missiles or drones which are intercepted and surface-to-air missile strikes will not be sufficient for a "Yes" resolution regardless of whether they land on Iranian territory or cause damage.

Actions such as artillery fire, small arms fire, FPV or ATGM strikes directly, ground incursions, naval shelling, cyberattacks, or other operations conducted by US ground operatives will not qualify.

The resolution source will be a consensus of credible reporting.

US strikes Iran by June 30, 2026?

This market will resolve to "Yes" if there is a military engagement between the military forces of the United States of America and Iran between market creation and the listed date, 11:59 PM ET. Otherwise, this market will resolve to "No".

A "military engagement" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between US and Iranian military forces. Non-violent actions, such as warning shots, artillery fire into uninhabited areas, or missile launches that land in territorial waters or pass through airspace, will not qualify for a "Yes" resolution. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count toward a "Yes" resolution; however, minor damage (scrapes, dents) will not. Any U.S. military kinetic strike that impacts Iranian land territory will qualify for a “Yes” resolution. 

Missiles or drones which are intercepted and surface-to-air missile strikes will not be sufficient for a "Yes" resolution, regardless of whether they land on adversarial territory or cause damage.

Note: the U.S. Coast Guard is a branch of the U.S. Armed Forces; the Iranian Law Enforcement Command is a branch of the Iranian Armed Forces; all sub-branches of the Artesh, Islamic Revolutionary Guard Corps (including the Basij), and Law Enforcement Command are part of the Iranian Armed forces.

The resolution source for this market will be a consensus of credible reporting.

U.S. x Iran Military Engagement by March 31, 2026?

This market will resolve to "Yes" if either Israel initiates a drone, missile, or air strike on Iranian soil or any official Iranian embassy or consulate, or Iran initiates a drone, missile, or air strike on Israeli soil or any official Israeli embassy or consulate, by 11:59 PM ET on the listed date. Otherwise, this market will resolve to "No".

For the purposes of this market, a qualifying "strike" is defined as the use of aerial bombs, drones or missiles (including cruise or ballistic missiles) launched by Israeli or Iranian military forces that impact the other party’s ground territory or any official embassy or consulate (e.g., if a weapons depot on Iranian soil is hit by an Israeli missile, or an Israeli air base is hit by an Iranian drone, this market will resolve to "Yes") that is officially acknowledged by the relevant government or a consensus of credible reporting.

Missiles or drones which are intercepted and surface-to-air missile strikes will not be sufficient for a "Yes" resolution regardless of whether they land on the opposing party’s territory or cause damage.

Israel x Iran ceasefire broken by June 30, 2026?

This market will resolve to "Yes" if the US or Israel initiates a drone, missile, or air strike on Iranian soil or any official Iranian embassy or consulate between the time of this market's creation and the listed date (ET). Otherwise, this market will resolve to "No".

For the purposes of this market, a qualifying "strike" is defined as the use of aerial bombs, drones or missiles (including cruise or ballistic missiles) launched by US or Israeli military forces that impact Iranian ground territory or any official Iranian embassy or consulate (e.g., if a weapons depot on Iranian soil is hit by an US or Israeli missile, this market will resolve to "Yes").

Missiles or drones which are intercepted and surface-to-air missile strikes will not be sufficient for a "Yes" resolution regardless of whether they land on Iranian territory or cause damage.

Actions such as artillery fire, small arms fire, FPV or ATGM strikes directly, ground incursions, naval shelling, cyberattacks, or other operations conducted by US or Israeli ground operatives will not qualify.

The resolution source will be a consensus of credible reporting.

Will US or Israel strike Iran by January 31, 2026?

This market will resolve to "Yes" if it is confirmed that Ali Khamenei has left Iran for any length of time by March 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

In cases where Ali Khamenei may have exited Iranian airspace on a plane, he must be confirmed to have exited the plane in a country other than Iran for this market to resolve to "Yes". If Ali Khamenei exits Iranian maritime territory on a boat to international waters, this market may resolve to "Yes".

If it is not confirmed by the resolution date that Ali Khamenei left Iran, this market will resolve to "No".

The resolution source for this market will be a consensus of credible reporting.


Will Khamenei leave Iran by March 31?

This market will resolve to "Yes" if there is a widely reported coup attempt in Iran at any point between market creation and June 30, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No."

A coup attempt is defined as a coordinated and deliberate effort by military, security forces, or other state actors (or factions thereof) to overthrow or unlawfully seize control of the Iranian government or its leadership. Revolutionary actions by non-state forces, isolated protests, or general unrest will not alone qualify.

Claims by the Iranian government that a coup attempt was foiled—such as through arrests or disruption of a planned operation—will only count toward a "Yes" resolution if credible independent sources widely report and explicitly characterize the event as a coup attempt. Foiled plots or arrests that occur without any attempted execution of the coup will not qualify.

The resolution source will be a consensus of credible reporting.

Iran coup attempt by June 30?

This market will resolve to “Yes” if active US military personnel physically enter Iran at any point by the listed date (ET). Otherwise, this market will resolve to "No".

Military special operation forces will qualify, however intelligence operatives will not count.

US military personnel must physically enter the terrestrial territory of Iran to qualify. Entering Iran's maritime or aerial territory will not count.

Military contractors, military advisors, or high-ranking US service members entering Iran for diplomatic purposes (and their accompanying entourage) will not qualify.

The resolution source will be a consensus of credible reporting.

US forces enter Iran by March 31?

This market will resolve to "Yes" if France, the United Kingdom, or Germany initiates a drone, missile, or air strike on Iranian soil or any official Iranian embassy or consulate by January 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

For the purposes of this market, a qualifying "strike" is defined as the use of aerial bombs, drones or missiles (including cruise or ballistic missiles) launched by French, United Kingdom, or German military forces that impact Iranian ground territory or any official Iranian embassy or consulate (e.g., if a weapons depot on Iranian soil is hit by a French, United Kingdom, or German missile, this market will resolve to "Yes").

Missiles or drones which are intercepted and surface-to-air missile strikes will not be sufficient for a "Yes" resolution regardless of whether they land on Iranian territory or cause damage.

Actions such as artillery fire, small arms fire, FPV or ATGM strikes directly, ground incursions, naval shelling, cyberattacks, or other operations conducted by French, United Kingdom, or German ground operatives will not qualify.

The resolution source will be a consensus of credible reporting.

Will France, UK or Germany strike Iran by January 31?

This market will resolve to "Yes" if the Trump administration announces that the United States officially recognizes Reza Pahlavi as the "leader of Iran" by December 31, 2026, 11:59 ET. Otherwise, this market will resolve to "No".

Roles that could qualify for "leader of Iran" status include, but are not limited to, "head of state," "prime minister," or other similar roles that give him primary executive authority in the territory of Iran.

A qualifying US statement must be direct and unqualified. Conditional, hypothetical, supportive, or implied statements do not count.

The primary resolution source for this market will be official information from the US government and Donald Trump, however a consensus of credible reporting will also be used.

US recognizes Reza Pahlavi as leader of Iran in 2026?

This market will resolve to “Yes” if Israel initiates a nuclear strike on Iranian soil by January 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No.”

Strikes on official Iranian embassies or consulates located outside of Iranian territory will not qualify.

For the purposes of this market, a qualifying “nuclear strike” is defined as a confirmed launch of any nuclear weapon, including but not limited to fission weapons, fusion weapons, thermonuclear devices, or hydrogen bomb warheads, launched by Israeli military forces via missile, aircraft, or other delivery system towards Iranian ground territory.

Launched delivery systems carrying nuclear warheads that are intercepted or that fail to produce a nuclear detonation will qualify regardless.

Actions such as radiological weapons or “dirty bombs” (i.e., devices intended to disperse radioactive material without a nuclear detonation), conventional (non-nuclear) airstrikes, or any other conventional use of force conducted by Israeli forces will not qualify.

The resolution source will be a consensus of credible reporting.

Israel nuclear weapon use against Iran by January 31?

If Reza Pahlavi visits Iran between market creation and June 30, 2026 11:59 PM ET, this market will resolve to "Yes". Otherwise, this market will resolve to "No".

For the purpose of this market, a "visit" is defined as Reza Pahlavi physically entering the terrestrial territory of Iran. Whether or not Reza Pahlavi enters Iranian airspace or maritime territory during the timeframe of this market will have no bearing on a positive resolution.

The primary resolution source for this market will be a consensus of credible reporting.

Will Reza Pahlavi enter Iran by June 30?

This market will resolve to "Yes" if U.S. government personnel (including U.S. military, CIA, or any U.S. federal law enforcement agency) directly participate on the ground in an operation that results in the capture of Supreme Leader of Iran Ali Khamenei by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

For the purposes of this market, “capture” means Khamenei is taken into physical custody and detained (including arrest, detention, or seizure) such that he is no longer free to leave at will, even if only temporarily. Voluntary surrender may qualify if it results in immediate detention/custody.

U.S. personnel must directly participate on the ground to qualify. Intelligence, surveillance, planning, logistics, transport, support, funding, training, or advisory roles alone will not count, even if they materially contribute to the operation. If U.S. personnel are physically present in the operational area and take direct action (e.g., raiding, detaining, securing, physically transferring custody), it will qualify. U.S. government contractors will be considered to be U.S. personnel if they are confirmed to be acting under the direction of U.S. government authorities.

The primary resolution source for this market will be a consensus of credible reporting.

Will the US capture Khamenei before 2027?

On October 9, 2025 Israel and Hamas signed a deal implementing a ceasefire: https://www.reuters.com/world/middle-east/israel-hamas-agree-gaza-ceasefire-return-hostages-2025-10-09/

This market will resolve to "Yes" if a either Israel or Hamas announce the cancellation of the ongoing ceasefire, or if a consensus of credible reporting confirms that the ceasefire is no longer in effect, by June 30, 2026, 11:59 PM ET. Otherwise this market will resolve to "No".

Announcements that one side or another violated the ongoing ceasefire will not be enough to resolve this market to "Yes"; only a definitive announcement by Israel or Hamas, or otherwise a wide consensus of credible reporting that that the ceasefire has been ended, will qualify to resolve this market to "Yes".

The primary solution resolution source will be official information from Hamas or the government of Israel, however a consensus of credible reporting may also be used.

Israel x Hamas ceasefire cancelled by June 30?

This market will resolve to “Yes” if the “Yes” option for the 'Khamenei out as Supreme Leader of Iran by January 31?' market (https://test8298192.pages.dev/event/khamenei-out-as-supreme-leader-of-iran-by-january-31) is priced over the listed value for a majority of minutes during any two-hour period ending by January 16, 2026, 11:59 PM ET or earlier. Otherwise, this market will resolve to “No”.

A tie in the number of minutes will resolve to "No".

If the underlying market resolves prior to this market, this market will immediately resolve in accordance with the underlying market’s final outcome.

The resolution source will be the underlying minute-level price data for the 'Khamenei out as Supreme Leader of Iran by January 31?' market, which can be viewed using the bar chart on https://derivative.polymarket.com/khamenei-out-as-supreme-leader-of-iran-by-january-31-over-50 or through the “Resolution” tab, with the time set to look at a two-hour window. This will display a two-hour scoring window and the underlying minute-level comparisons. Both interfaces display the same underlying data.

Note: This market will resolve according to the price scoring methodology of derivative.polymarket.com.

Odds of Khamenei out as Supreme Leader of Iran by January 31 over 50% by January 16?

This market will resolve to "Yes" if the President of Iran, Masoud Pezeshkian, is removed from power for any length of time between this market's creation and December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

President Masoud Pezeshkian will be considered removed from power if he announces his resignation from his role as President, or is otherwise dismissed, detained, disqualified, or otherwise loses his position or is prevented from fulfilling his duties as President within this market's timeframe.

The primary resolution source for this market will be a consensus of credible reporting.

Masoud Pezeshkian out by December 31?

This market will resolve to “No” if any of the following conditions are met between market creation and March 31, 2026, 11:59 ET:

- Another US strike on Venezuela
- US strikes Iran
- US strike on Colombia
- US strike on Mexico
- US strike on Cuba

Otherwise, this market will resolve to “Yes”.

This market will remain open until the end of the second day after the resolution time. If the date/time of a qualifying strike cannot be confirmed by a consensus of credible reporting by that time, it will resolve to "No" regardless of whether a strike was later confirmed to have taken place.

The full rules for this market can be found here:
https://polymarket-upload.s3.us-east-2.amazonaws.com/US+Strike.pdf

Nothing Ever Happens: US Strike Edition

This market will resolve to "Yes" if both Israel and Syria officially announce the establishment of diplomatic relations by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

The primary resolution source for this market will be official information from Israel and the Syria, however a consensus of credible reporting may also be used.

Israel and Syria normalize relations by December 31, 2026?

This market will resolve to "Yes" if President of the United States Donald Trump announces he has resigned or will resign the presidency by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No."

If it becomes impossible for Donald Trump to resign or to announce his resignation (e.g., due to his removal from office by other means, etc.), this market will immediately resolve to "No."

For this market to resolve to "Yes," it is only necessary that Trump announce that he has resigned or will resign. Whether he actually resigns will have no bearing on the resolution of this market.

The primary resolution source for this market will be official information from the US federal government; however, a consensus of credible reporting will also be used.

Will Iran close the Strait of Hormuz by...?

January 31
$11 Vol.
7%

December 31
$67,320 Vol.
20%

Market Context

Will Iran close the Strait of Hormuz by...?

Rules

Will Iran close the Strait of Hormuz by...?

Market Context

Will Iran close the Strait of Hormuz by...?

About

Related

Will Iran close the Strait of Hormuz by...?

January 31$11 Vol.7%buy Yes10¢buy No96¢

December 31$67,320 Vol.20%buy Yes21¢buy No81¢

Market Context

Will Iran close the Strait of Hormuz by...?

Rules

Will Iran close the Strait of Hormuz by...?

Market Context

Will Iran close the Strait of Hormuz by...?

About

Related

January 31
$11 Vol.
7%

December 31
$67,320 Vol.
20%