Betting Markets See Millions Wagered on Iran War Outcomes

Prediction markets like Polymarket and Kalshi have seen hundreds of millions wagered on outcomes related to the Iran war, including the closure of the Strait of Hormuz. This surge in speculative betting highlights the intense global financial interest and uncertainty surrounding the conflict's trajectory. The markets serve as a barometer for how investors and the public perceive the risks and potential costs of the escalating war.