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All event markets
Live data
Active

Iran military action against a Gulf State on July 12?

Current implied probability

72%

Yes price

0.71

No price

0.28

Volume

$79.13K

Liquidity

$6.39K

24h volume

$68.68K

Ends

Jul 12, 2026 · 0d

A 72% market price means the market is currently pricing the outcome around 72%, not that the event is certain. Probabilities move as new information arrives.

Resolution risk

High resolution risk
Source-dependent resolution
Ambiguous wording
Boundary-sensitive wording
Ends soon

Resolution rules

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.

About this market

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.

Probability over time

Historical probability chart

The probability-over-time chart will appear here when enough price-history data is available for this market.

Event market prices are not guarantees. Probabilities can move quickly, liquidity can be thin, and resolution rules matter. MarketPulses shows educational analytics only and does not provide trading, betting, or investment advice. Read full disclaimer.