Hormuz Island no longer under Iranian control

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August 31yna.co.kr91%match98¢+2%
Iran and Oman Nearing Hormuz Agreement... May Have to Recognize Iranian Control (Roundup)
August 31Iranian Media92%match97¢+3%
FWD from ISNA Media: Morning on the coast of Hormuz Three days have passed since the attacks on Iran stopped, and the Strait of Hormuz is under full Iranian control. Any vessel can only pass through this strategic waterway with permission and in accordance with the rules set by Iran; a decision that was implemented from the very beginning of the conflict. In this video, you can see images from the coast of the Persian Gulf on today, Monday, 25th August 1405. isna.ir/xdWNnG @isnamediaa
July 31Reuters Reporter93%match99¢+1%
DUBAI, July 27 (Reuters) - Iran said on Monday it was still in control of the Strait of Hormuz and not seeking to resume peace talks ‌with the United States, after President Donald Trump halted a two-week bombing campaign that his top brass told him had run its course.

What is this event about?

This market will resolve to "Yes" if Hormuz Island is no longer under Iranian control by the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No". "No longer under the control of Iran" means that Iran no longer exercises primary governmental or military control over Hormuz Island, and another state, occupying force, or internationally backed authority has established control over the island. Temporary raids, isolated landings, special operations, bombardment, sabotage, naval presence offshore, or temporary disruption of Iranian activity will not qualify on their own. An announcement, threat, or claim that Iran has lost control will not qualify without actual control being established. If control changes pursuant to a negotiated settlement, ceasefire term, surrender, or transfer agreement, this will qualify only once actual control has been established on the island. If control over Hormuz Island is contested, unclear, disputed, or not sufficiently established by the resolution date, this will not qualify, and the market will resolve to "No". The primary resolution source will be official statements from the relevant governments and militaries, along with a consensus of credible reporting.

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