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Will Israel reopen its embassy in Iran in 2026 Odds

Polymarket traders give No a 99% chance.

Polymarket Volume $196K 24h $0 Liquidity $14.7K Ends Jan 1, 2027 Updated Nov 8, 7:30 AM EST
OutcomeChanceOdds24h
Yes
1% +7592 —
No
99% -7592 —

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Price history

0% 25% 50% 75% 100% Oct 16 Nov 6
Will Israel reopen its embassy in Iran in 2026?

Resolution rules

This market will resolve to "Yes" if the Israeli government announces the reopening/opening of any embassy or consulate in Iran, or if such a reopening/opening is otherwise confirmed, by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No". An official announcement made within this market’s timeframe will qualify for a "Yes" resolution regardless of whether an actual embassy or consulate opening subsequently takes place within the timeframe. Any opening of an Israeli embassy or consulate in Iran will qualify regardless of its exact location. Announcements that do not clearly commit to opening an embassy or consulate, such as general diplomatic statements, exploratory comments, or partial/conditional steps, will not count. The resolution source will be official statements from the Government of Israel; however, a consensus of credible reporting will also be used.

Source: Polymarket. The venue's rules are final.

FAQ

What are the odds of "Will Israel reopen its embassy in Iran in 2026"?

As of Nov 8, 7:30 AM EST, traders on Polymarket price No at 99%, about -7592 in American odds. Prices move with every trade.

How are prediction market odds calculated?

Each contract pays $1 if the outcome happens and $0 if it doesn't, so its price is the market's implied probability: a 60¢ contract means roughly a 60% chance. We show the last trade, or the midpoint between the best bid and ask when the order book is tight.

When does this market close?

Polymarket lists Jan 1, 2027 as the end date. It can close earlier if the outcome is decided.

Where can I trade on Will Israel reopen its embassy in Iran in 2026?

This market trades on Polymarket. Availability depends on where you live: Kalshi is a CFTC-regulated US exchange, while Polymarket's international site isn't available to US users (Polymarket US is a separate app). You must be 18 or older.