Will the Kharg Island oil terminal be hit by March 31?
Market Description
This market will resolve to "Yes" if the Kharg Island oil terminal is the subject of a kinetic strike between February 28 and March 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No". Qualifying strikes occurring on or after February 28 ET will count even if they occurred before market creation. Missiles or drones that are intercepted and surface-to-air missile strikes will not be sufficient for a "Yes" resolution. The primary resolution source for this market will be a consensus of credible reporting.
Related News
Tehran has accused the United States without evidence of using “ports, docks and hideouts” in the United Arab Emirates to launch strikes on Kharg Island , home to the main terminal handling Iran’s oil exports evidence, as oil prices soared . Brent crude oil was trading near $105 per barrel on Monday
US strikes on Iran’s Kharg Island targeted military sites but spared oil hubs to avoid a global price surge. Analysts warn that damaging the export terminal could push crude to $200/barrel and cripple global economies.
Kharg Island is home to Iran’s primary oil terminal and manages the country’s crude exports. US President Donald Trump is reportedly planning its capture. | World News
Crude oil prices surged past $100 per barrel as President Trump warned Iran that its vital Kharg Island oil hub could be targeted, sparking fears of global energy supply disruptions. Despite avoiding direct strikes on oil infrastructure, the US is considering high-risk options, while Iran's drone attack on a UAE terminal adds to regional tensions.
While most of the oil from the island goes to China, disrupting exports from the terminal will send global crude prices even higher. Read more at straitstimes.com.
Trump has warned of his preparedness to launch new strikes on Iran's Kharg Island, according to Financial Times reporting. The warning targets Iran's primary oil export terminal, raising concerns about potential escalation in US-Iran tensions and implications for regional stability and global energy markets.
MOSCOW, Mar 15 : Iran has “eliminated” the US’ ability to cripple its economy with one strike on Kharg Island, Andrey Chuprygin, senior lecturer at the Faculty of World Economy and International Affairs, tells Sputnik, as “The Islamic Republic has long adopted a policy of decentralizing its critical infrastructure and placing key pumping stations underground.” The commissioning of the Jask oil terminal – situated beyond the Strait of Hormuz and linked by a 1,000-kilometer pipeline to Bushehr Province oil fields […]
The war with Iran showed no signs of ending Sunday as neighboring countries in the Gulf reported new attacks a day after Tehran accused the United States of striking its main oil terminal on Kharg Island from the United Arab Emirates.
Gulf countries have reported Iranian new attacks as the war in the Middle East entered its third week. Sirens sounded in Bahrain ahead of an assault on Sunday while the United Arab Emirates reported a missile attack. Saudi Arabia said it intercepted and destroyed 10 drones over its capital. A day earlier, Iran called for the evacuation of three major UAE ports after accusing the U.S. of using “ports, docks and hideouts” in the Gulf country to launch strikes on Kharg Island, a major oil terminal. Meanwhile, Israel said Iran fired another wave of missiles. Sirens sounded in Tel Aviv and people heard loud booms.
Iran said the US used "ports, docks and hideouts" in the UAE to launch strikes on Kharg Island, home to the main terminal handling Iran's oil exports.