The market indicates a high probability that Kharg Island will remain under Iranian control by March 31.
Current market probabilities show a strong consensus that Kharg Island will not be out of Iranian control by the end of March, with a NO probability of 97.45%. The Pulse AI also supports this view, albeit with a slightly higher YES probability. The edge of 2 suggests that the market is fairly priced given the current geopolitical context.
This market will resolve to "Yes" if Kharg Island is no longer under Iranian control by March 31, 2026 11:59PM 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 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