This market resolves YES if the government of Iran (through a public announcement by Parliament, Supreme National Security Council, or President) issues a formal, official decision to close or block the Strait of Hormuz for international shipping on or before August 31, 2025.

YES conditions:

A formal decision must be made by an official Iranian body.

Must be publicly released (e.g., official website, state media, legitimate social media).

A clear statement like: *“the Strait of Hormuz will be closed/blocked.”*

NO conditions:

Only threats, media reports, or speculation—no formal decision.

No closure occurs before

the deadline.

• Update 2025-06-30 (PST) (AI summary of creator comment): The market will resolve to YES immediately upon a formal, official announcement of a decision to close the Strait.

  • This applies even if the announced closure is for a future date.

  • Resolution is based on the official decision itself, not on waiting for physical enforcement.