<p>This market will resolve to "Yes" if the United States commences a military offensive intended to establish control over any portion of Iran by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".</p><p><br></p><p>For the purposes of this market, land de facto controlled by Iran or the United States as of November 4, 2025 12:00 PM ET, will be considered the sovereign territory of that country.</p><p><br></p><p>The resolution source for this market will be a consensus of credible sources.</p>