This market will resolve to “Yes” if Iran takes a qualifying military action against a Gulf State on the specified date Arabia Standard Time (AST). Otherwise this market will resolve to “No.”
Qualifying Gulf States are as follows: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.
A qualifying military action refers to an air strike or a surface-to-surface missile strike, initiated by Iran, that directly impacts a Gulf State. An air strike includes bombs, air-to-surface missiles, and air-launched drones. A surface-to-surface missile strike includes one-way attack drones over 50 kg in total weight and surface-to-surface missiles such as cruise or ballistic missiles.
The following actions do not constitute a qualifying military action:
Munitions destroyed or intercepted before impact;
Surface-to-air missile strikes;
Small-arms fire;
Ground incursions;
Cyber operations;
Naval gunfire and artillery fire;
Howitzers, artillery pieces, mortars, and rocket artillery (e.g. MLRS systems);
Minor surface-to-surface strikes, including loitering munitions and FPV drones under 50 kg, and ATGM strikes;
Any threat, authorization, or announcement of force that has not been executed.
Any munition that is intercepted or destroyed before impact does not constitute a qualifying military action. Debris, fragments, or any wreckage from intercepted munitions that land on a Gulf State do not constitute a military action regardless of any damage incurred.
A military action will be considered to impact a Gulf State if it directly impacts the terrestrial territory of a Gulf State, including any internal waters. Maritime territory and airspace are not encompassed. Where territorial borders are disputed, all territory claimed by and under the de facto control of the relevant state as of market creation will qualify.
The occurrence, attribution, and timing of a qualifying military action will be primarily determined based on a consensus of information available from the resolution sources. Where multiple sources conflict regarding the occurrence, attribution, or timing of a relevant military action, this market will remain open until the earlier of: i) the confirmation of the occurrence, attribution, and timing of the action based on a consensus of information available from the resolution sources or ii) 3 full calendar days (AST) from the date of the first credibly reported evidence of the action. If this period would extend past the end date, this market will remain open to allow for 3 full calendar days to pass. If, at the end of the third calendar day, conflicting reports remain as to the occurrence, attribution, or timing of the action, this market will resolve based on the totality of information available from the resolution sources at that time. No single statement, denial, or presentation of evidence will govern where it is contradicted by the totality of information.
The resolution sources for this market will be official information from the governments and militaries of Iran and the relevant Gulf States and a consensus of credible reporting.
July 9
$26.5K Volume
8%
July 10
$11.3K Volume
8%
July 11
$3.2K Volume
11%
July 12
$619 Volume
20%
July 13
$1.1K Volume
17%
July 14
$308 Volume
16%
July 15
$310 Volume
19%
July 16
$599 Volume
14%
July 17
$557 Volume
18%
July 18
$130 Volume
19%
July 19
$488 Volume
17%
July 20
$268 Volume
17%
July 21
$130 Volume
16%
July 22
$320 Volume
15%
July 23
$410 Volume
12%
July 24
$477 Volume
13%
July 25
$325 Volume
12%
July 26
$1.5K Volume
14%
July 27
$812 Volume
14%
July 28
$620 Volume
14%
July 29
$239 Volume
12%
July 30
$668 Volume
11%
July 31
$23 Volume
27%
Odds & FAQ
What are the current odds for Iran military action against a gulf state on?
The field is wide open: July 31 tops it at just 18%, with July 15 close behind at 17%. Plenty of outcomes still carry real probability.
What do traders predict for Iran military action against a gulf state on?
No strong consensus yet: July 31 tops the implied probabilities at just 18%. Watch how the money moves as the event approaches.
When does the Iran military action against a gulf state on market resolve?
Mark 31 Jul 2026 (22 days left): that's when this market is due to resolve, following Polymarket's published criteria once the result is verified.
How much money is trading on Iran military action against a gulf state on?
Traders have put $50.7K through this market so far - a solid gauge of how much real money backs these odds.
How can I trade Iran military action against a gulf state on on Polymarket?
You can watch the odds move here in real time and trade the market directly on Polymarket. As always, prediction trading carries real risk.
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