The market overwhelmingly predicts military action against Iran will not end by March 12, 2026.
Current market probabilities indicate a strong consensus that military action against Iran will continue beyond March 12, 2026, with a 99.85% likelihood of 'NO.' The Pulse AI also reflects a similar sentiment, albeit with slightly higher uncertainty, suggesting that while the market is fairly priced, there remains a low probability of an early resolution.
This market will resolve according to the next date Iran Standard Time (GMT+3:30), on which neither the US nor Israel initiates a drone, missile, or air strike on Iranian soil or any official Iranian embassy or consulate.
If the date/time of a qualifying strike cannot be confirmed by a consensus of credible reporting by the end of the third calendar day after the listed date, the respective market will resolve to "Yes" regardless of whether a strike is later confirmed to have occurred. If strikes could be verified under the prior rule for each listed day, this market will resolve to "Military action continues through March 31."
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/Israeli missile, this will qualify).
Missiles or drones that are intercepted and surface-to-air missile strikes will not be considered, regardless of whether they land on Iranian territory or cause damage.
Actions such as a