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.
Over $7 …