What will happen relating to Iran before April 1, 2026?
7
2.5kṀ1040
Mar 31
73%
Significant protests are reported in February and March
63%
The rial loses 1/3 the value it had on January 1, 2026 (unofficially / on the black market)
61%
Iran strikes Israel with missiles
46%
Israel and Iran go to war again
36%
Iran strikes US bases
35%
The US launches airstrikes on three different days
35%
Ayatollah Khamenei is removed from power
21%
Iran strikes US bases and kills at least one American
9%
The Strait of Hormuz is mined or otherwise closed
8%
US ground troops enter Iran

Resolution criteria

Each answer resolves YES or NO independently based on whether the specified event occurs before April 1, 2026. Resolution sources:

  • Israel and Iran go to war again: Confirmed by major news outlets (Reuters, AP, BBC) reporting direct military conflict between the two nations.

  • US ground troops enter Iran: Confirmed by US Department of Defense or major news outlets reporting deployment of ground forces into Iranian territory.

  • Iran strikes Israel: Confirmed by Israeli government statements or major news outlets reporting Iranian missile/drone attacks on Israeli territory.

  • Iran strikes US bases: Confirmed by US military or major news outlets reporting Iranian attacks on US military installations.

  • Iran strikes US bases and kills at least one American: Confirmed by US military casualty reports or major news outlets.

  • The US launches airstrikes on three different days: Confirmed by US Department of Defense statements or major news outlets reporting US airstrikes on Iran on at least three separate calendar days.

  • Significant protests are reported in February and March: Confirmed by major news outlets (Reuters, AP, BBC, Al Jazeera) reporting substantial anti-government demonstrations in both months.

  • Ayatollah Khamenei is removed from power: Confirmed by Iranian government statements or major news outlets reporting his removal, death, or incapacity.

  • The rial loses 1/3 the value it had on January 1, 2026 (unofficially/on the black market): Resolved using black market exchange rates from sources like Bonbast or AlanChand. On January 1, 2026, the rate was approximately 1.4 million rials per USD. This resolves YES if the rate reaches 2.1 million rials per USD or higher.

  • The Strait of Hormuz is mined: Confirmed by US military, international maritime authorities, or major news outlets reporting confirmed mine placement in the Strait.

Background

Iran begins 2026 with extensive protests sparked by its weak economy. The demonstrations began Dec. 28 over the collapse of the Iranian rial currency, which trades at over 1.4 million to $1, as the country's economy is squeezed by international sanctions in part levied over its nuclear program. The Iran–Israel war (13 June – 24 June 2025), also known as the Twelve-Day War, was an armed conflict in the Middle East. The war began when Israel bombed military and nuclear facilities in Iran in a surprise attack, assassinating prominent military leaders, nuclear scientists, and politicians. On 5 January 2026, the Israeli Security Cabinet held a five-hour meeting and authorized additional strikes on Iran, following Netanyahu/Trump discussions and statements made the week before. In January 2026, the Israeli Prime Minister, Benjamin Netanyahu, said that Israel will not allow Iran to re-establish its missile or nuclear programmes. President Trump has said that while the US remains open to a deal with Iran, if Iran begins to re-establish its nuclear programmes, "we're going to have to knock them down".

Considerations

The IRGC reportedly conducted a missile and air defense exercise on January 4 in multiple cities, including Tehran and Shiraz, which suggests that Iran is increasingly concerned about a renewed conflict with Israel after Israeli Prime Minister Benjamin Netanyahu's visit to Washington. The rial lost nearly half its value against the dollar in 2025. The Iranian regime has sustained its nationwide internet shutdown, likely to disrupt protest coordination and obscure the scale of its crackdown. Reports indicate that Iran's internet connectivity has remained at approximately one percent of normal levels since 3:00 PM ET on January 8.

Market context
Get
Ṁ1,000
to start trading!
Sort by:

I've set this to "creator only" to add new answers since my 2024 Iran grab bag market had user-created options that were a nightmare to resolve, but feel free to request any additional options you think this market should have in the comments

© Manifold Markets, Inc.TermsPrivacy