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Iran closes its airspace by...?

Top outcomes

December 31 80%
August 31 68%
July 31 60%
July 15 56%

This market will resolve to “Yes” if Iran initiates a major closure of its airspace, that is not solely due to weather conditions, between June 9, 2026, 3:00 PM ET and the listed date, 11:59 PM ET. Otherwise, this market will resolve to “No”. A “major closure” is defined as a broad closure, cancellation, or suspension of commercial flights transiting, arriving in, and departing from Iranian airspace or a major Iranian Airspace region. A qualifying closure must apply generally to flights across Iran or a major Iranian airspace region. Limited cancellations, delays, or other partial closures will not qualify. Limited exceptions to a broad closure, however, will not disqualify such a closure from counting (e.g. exceptions for certain flights pre-approved by the Iranian Civil Aviation Authority may be permitted). Any non-weather complete suspension of commercial arrivals and departures affecting at least two of the following airports will qualify: Imam Khomeini International Airport (IKA), Mehrabad Airport (THR), Mashhad International Airport (MHD), Shiraz International Airport (SYZ), or Isfahan International Airport (IFN). Qualifying previous examples include the January 2026 total closure of Iranian airspace except to international flights with express governmental permission (https://www.reuters.com/world/middle-east/iran-shuts-airspace-most-flights-flightradar24-says-2026-01-14/) and the April 2024 closure of Iran’s western airspace (https://www.reuters.com/world/middle-east/iranian-airports-cancel-flights-until-monday-morning-2024-04-14/). Non-qualifying examples include the January 27, 2026 partial closure of Iranian airspace around the Strait of Hormuz (https://www.aa.com.tr/en/middle-east/iran-issues-airspace-notice-for-military-drills-near-strait-of-hormuz/3812508) and the January 25 - April 25, 2026 VFR (Visual Flight Rules) flights suspension which did not broadly close commercial aviation in a qualifying region (https://www.intellinews.com/iran-suspends-general-aviation-and-vfr-flights-in-new-airspace-directive-421997/). Warnings, No-Fly-Zones, or other flight restrictions imposed by airlines or countries other than Iran will not be sufficient for a “Yes” resolution. Airspace closures which occur solely due to weather conditions will not qualify. The primary resolution sources for this market will be official information from Iranian aviation authorities and a consensus of credible reporting.

$234K Vol. Closes Jan 1, 2027

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$234.1k Vol.

All outcomes

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$234K Vol.

December 31

80% market probability

80%
Yes 80% +20 / −80 No 19% +81 / −19

August 31

68% market probability

68%
Yes 68% +32 / −68 No 32% +68 / −32

July 31

60% market probability

60%
Yes 60% +40 / −60 No 40% +60 / −40

July 15

56% market probability

56%
Yes 56% +44 / −56 No 44% +56 / −44

June 30

46% market probability

46%
Yes 46% +54 / −46 No 53% +47 / −53

June 15

32% market probability

32%
Yes 32% +68 / −32 No 68% +32 / −68

June 14

30% market probability

30%
Yes 30% +70 / −30 No 70% +30 / −70

June 13

28% market probability

28%
Yes 28% +72 / −28 No 72% +28 / −72

June 12

20% market probability

20%
Yes 20% +80 / −20 No 80% +20 / −80

June 11

14% market probability

14%
Yes 14% +86 / −14 No 86% +14 / −86

June 10

11% market probability

11%
Yes 11% +89 / −11 No 89% +11 / −89

June 9

0% market probability

0%
Yes 0% +100 / −0 No 100% +0 / −100
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