Will Iran Lose Control Of Kharg Island? Crypto Prediction Market Weighs In As Trump Reportedly Mulls Invading Oil Export Hub
Posted On March 27, 2026
Cryptocurrency bettors don’t see Iran losing control of Kharg Island anytime soon, amid reports that President Donald Trump is considering a military deployment to the key oil export hub.
Heavily Wagered Bet
Polymarket, based on Polygon (CRYPTO: POL), currently assigns a 35% probability that Iran will lose control of the Kharg Island by April 30, rising to 41% by May 30.
The island, a strategically important terminal situated 15 miles from Iran’s coast, handles nearly 90% of Iran’s crude oil exports. Due to its importance, it is heavily defended by the Iranian Armed Forces.
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