TOTAL VOLUME:

$147.3b

24H VOL:

$172,964,198

24H TRANSACTIONS:

2,798,566,680

OPEN INTEREST:

$1,800,387,182

518,213

Markets across

38,398

events

MATCHED EVENTS:

2,848

PLATFORM COVERAGE:

5

Polymarket:

38%

VS.

Kalshi:

62%

BETA
Dashboards
Tour
All
Will Iran target Saudi Arabia by...?
polymarket

Will Iran target Saudi Arabia by...?

Aug 18, 2026, 6:48 PM EST - Nov 30, 2026, 3:59 PM EST
Total volume:
$103,431
Volume 24h:
$2,175
118%
Liquidity:
$13,504
71%
Open interest:
$4,853N/A

November 30

 - Polymarket

November 30 - Polymarket

1W

News

Positive

Negative

Neutral

Hover marker for details

Vol.

·

Resolves Nov 30, 2026

Will Iran target Saudi Arabia by November 30, 2026?

17%chance
Amount

$

Trade on
polymarket

Trade on Polymarket

At 18¢ buys you 556 shares | Odds: 17% Total Payout: $556 | Net Profit: $456 Multiplier: 5.56x | ROI: 456% APY not meaningful 38 days to resolution
You will be redirected to the platform to complete this trade.
Outcome
Trade
Chance %
Price
Spread
Liquidity
Volume
24h
7d
Open Interest
Ends in
Result
polymarket

November 30

Trade
17%
4%
Yes 18¢No 85¢
3¢
$11,051
$3,242
0%
212%
N/A
1mo 1w 1d
active
polymarket

October 31

10%
2%
Yes 12.4¢No 92.9¢
5.3¢
$2,453
$7,150
3%
32%
N/A
1w 1d
active
polymarket

September 15

0%
2%
Yes 0¢No 100¢
—
N/A
$66,827
N/A
N/A
N/A
Settled
No
polymarket

August 31

0%
1%
Yes 0¢No 100¢
—
N/A
$14,011
N/A
N/A
N/A
Settled
No
polymarket

September 30

0%
Yes 0¢No 100¢
—
N/A
$12,201
N/A
N/A
N/A
Settled
No
Total markets: 5

Description

This market will resolve to “Yes” if Iran targets Saudi Arabia through a qualifying military action between market creation and the listed date, Arabia Standard Time (AST). Otherwise, this market will resolve to “No.” A qualifying military action refers to an air strike or a surface-to-surface missile strike, initiated by Iran, directed at Saudi Arabia. An air strike includes bombs, air-to-surface missiles, and air-launched drones. A surface-to-surface missile strike includes one-way attack drones and surface-to-surface missiles such as cruise or ballistic missiles. The following actions do not constitute a qualifying military action: Surface-to-air missile strikes; Small-arms fire; Ground incursions; Cyber operations; Naval gunfire and artillery fire; Howitzers, artillery pieces, mortars, and rocket artillery (e.g. MLRS systems); Minor surface-to-surface strikes, including short range loitering munitions, FPV drones, and ATGM strikes; Any threat, authorization, or announcement of force that has not been executed. Military action that consists primarily or exclusively of munitions that are intercepted before impact will still qualify if they constitute a qualifying military action during the specified timeframe; whether the munitions were intercepted, where the munitions landed, and whether damage resulted will not be considered. A military action will be considered directed at Saudi Arabia if it is directed at the terrestrial territory of Saudi Arabia, including any internal waters. Only military actions by Iranian forces explicitly claimed by the Islamic Republic of Iran, or confirmed to have originated from Iranian territory will count toward the resolution of this market. Attacks by proxy forces (i.e. Hezbollah, Houthis, etc.) will not count toward the resolution of this market. The occurrence, attribution, and timing of a qualifying military action will be primarily determined based on a consensus of information available from the resolution sources. Where multiple sources conflict regarding the occurrence, attribution, or timing of a relevant military action, this market will remain open until the earlier of: i) the confirmation of the occurrence, attribution, and timing of the action based on a consensus of information available from the resolution sources or ii) 3 full calendar days (AST) from the date of the first credibly reported evidence of the action. If this period would extend past the end date, this market will remain open to allow for 3 full calendar days to pass. At the end of the third calendar day, if conflicting reports remain, the incident will be adjudicated based on the totality of information available from the resolution sources at that time. No single statement, denial, or presentation of evidence will govern where it is contradicted by the totality of information. The resolution sources for this market will be official information from the governments and militaries of Iran and Saudi Arabia and a consensus of credible reporting.

Polymarket

This market will resolve to “Yes” if Iran targets Saudi Arabia through a qualifying military action between market creation and the listed date, Arabia Standard Time (AST). Otherwise, this market will resolve to “No.” A qualifying military action refers to an air strike or a surface-to-surface missile strike, initiated by Iran, directed at Saudi Arabia. An air strike includes bombs, air-to-surface missiles, and air-launched drones. A surface-to-surface missile strike includes one-way attack drones and surface-to-surface missiles such as cruise or ballistic missiles. The following actions do not constitute a qualifying military action: Surface-to-air missile strikes; Small-arms fire; Ground incursions; Cyber operations; Naval gunfire and artillery fire; Howitzers, artillery pieces, mortars, and rocket artillery (e.g. MLRS systems); Minor surface-to-surface strikes, including short range loitering munitions, FPV drones, and ATGM strikes; Any threat, authorization, or announcement of force that has not been executed. Military action that consists primarily or exclusively of munitions that are intercepted before impact will still qualify if they constitute a qualifying military action during the specified timeframe; whether the munitions were intercepted, where the munitions landed, and whether damage resulted will not be considered. A military action will be considered directed at Saudi Arabia if it is directed at the terrestrial territory of Saudi Arabia, including any internal waters. Only military actions by Iranian forces explicitly claimed by the Islamic Republic of Iran, or confirmed to have originated from Iranian territory will count toward the resolution of this market. Attacks by proxy forces (i.e. Hezbollah, Houthis, etc.) will not count toward the resolution of this market. The occurrence, attribution, and timing of a qualifying military action will be primarily determined based on a consensus of information available from the resolution sources. Where multiple sources conflict regarding the occurrence, attribution, or timing of a relevant military action, this market will remain open until the earlier of: i) the confirmation of the occurrence, attribution, and timing of the action based on a consensus of information available from the resolution sources or ii) 3 full calendar days (AST) from the date of the first credibly reported evidence of the action. If this period would extend past the end date, this market will remain open to allow for 3 full calendar days to pass. At the end of the third calendar day, if conflicting reports remain, the incident will be adjudicated based on the totality of information available from the resolution sources at that time. No single statement, denial, or presentation of evidence will govern where it is contradicted by the totality of information. The resolution sources for this market will be official information from the governments and militaries of Iran and Saudi Arabia and a consensus of credible reporting.

Frequently asked questions

The dashboard for the Iran-Saudi conflict market on Polymarket tracks real-time odds, price history, and 24-hour volume of $180. It shows how traders on Polymarket are pricing the likelihood of Iran targeting Saudi Arabia before the deadline. The interface updates continuously to reflect market sentiment and trading activity, giving users a live view of investor expectations for this geopolitical risk.

Compared to analyst forecasts, this market’s odds often reflect a more immediate, risk-on perspective. Analysts may weigh diplomatic efforts and regional balances more heavily, while traders on Polymarket react swiftly to breaking news, intelligence leaks, or military posturing. The resulting price can diverge noticeably — for instance, a spike in odds may occur before traditional reports catch up, capturing short-term sentiment that polls or think tanks might understate.

On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Polymarket, traders set the price through buying and selling contracts that pay out if Iran targets Saudi Arabia before the deadline. The current top outcome’s implied probability is 16.5%, derived from the ratio of yes to no shares. Volume of $103,431 indicates liquidity, and the price adjusts instantly with each trade, reflecting the collective bet of Polymarket users on geopolitical developments.

This market resolves around Dec 1, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. If Iran takes measurable action against Saudi Arabia — such as a direct military strike, significant cyberattack, or overt escalation — the 'yes' contracts pay out. Otherwise, the 'no' side settles. The deadline ensures a clear, time-bound conclusion based on observable, public evidence.

Key signals that could shift this market include heightened rhetoric from Iranian or Saudi officials, movements of regional military assets, reported strikes or cyberattacks, and diplomatic breakthroughs or breakdowns. Each development alters traders’ risk assessments on Polymarket, potentially causing rapid price swings. Intelligence leaks, sanctions announcements, or proxy conflicts in neighboring states may also influence odds as they reshape the perceived likelihood of direct action.