Iran's top joint military command has warned that strikes could broaden if the United States keeps "harassing" Iranian vessels in the Persian Gulf, where Washington maintains a naval blockade on Iranian-linked shipping. Prediction markets have responded by pushing up the odds of a full Iranian airspace closure by year-end.
Iran's top joint military command warned that strikes could widen if the United States keeps "harassing" Iranian vessels, according to state media reports. The warning comes amid persistent tension in the Persian Gulf, where the US has maintained a naval blockade on Iranian-linked shipping through months of military confrontations. Previous exchanges in the region have involved warships, drones, and missiles.
The market pricing a full closure of Iranian airspace by December 31 rose to 29.5%, up from 28% just 24 hours earlier.
The same statement also shifted related markets tracking a ceasefire and the odds of further US military action against Iran, as traders weigh the geopolitical risk of broader escalation across the region.
Source: Crypto Briefing
Trading involves risk.