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Geopolitics · Middle East
OpenMojtaba Khamenei
$6.9M Vol.
No Head of State
$1.2M Vol.
Alireza Arafi
$2.3M Vol.
Reza Pahlavi
$712K Vol.
Hassan Rouhani
$954K Vol.
Ahmad Vahidi
$787K Vol.
Hassan Khomeini
$1.5M Vol.
Masoud Pezeshkian
$1M Vol.
Abbas Araghchi
$839K Vol.
Mohammad-Bagher Ghalibaf
$928K Vol.
Muhammad Mirbaqiri
$476K Vol.
Sadegh Larijani
$590K Vol.
Mahmoud Ahmadinejad
$1.1M Vol.
Mohammad Khatami
$5.2M Vol.
Hassan Shariatmadari
$3.2M Vol.
Maryam Rajavi
$907K Vol.
Massoud Rajavi
$437K Vol.
Seyed Hossein Mousavian
$3.7M Vol.
Reza Pirzadeh
$188K Vol.
Navid Shomali
$260K Vol.
Mustafa Hijri
$239K Vol.
Ali Motahari
$860K Vol.
Gholam-Ali Haddad-Adel
$443K Vol.
Mostafa Pourmohammadi
$3.4M Vol.
Sadegh Mahsouli
$276K Vol.
Saeed Jalili
$425K Vol.
Mohsen Araki
$325K Vol.
Nasir Hosseini
$301K Vol.
Ahmad Hosseini Khorasani
$333K Vol.
Ali Asghar Hejazi
$393K Vol.
This market will resolve to the individual who de facto holds and exercises the powers of the head of state of the Islamic Republic of Iran on December 31, 2026 at 12:00 PM ET. For the purposes of this market, “de facto holds” refers to the individual who exercises primary governing authority over the Iranian state at that time, including effective control over the armed forces, national institutions, and core executive decision-making, regardless of formal title, constitutional designation, or international recognition. Formal appointment, recognition by the United Nations, or recognition by foreign governments is not required. If more than one individual claims to be head of state, this market will resolve to the individual who demonstrably exercises primary governing control within Iran’s territory at the specified time. Indicators of de facto authority may include control over the armed forces and security services; control over executive ministries and state administrative institutions; enforcement of national laws; issuance of binding national directives; and effective control over the capital and core state infrastructure. Symbolic status, foreign recognition without domestic control, nomination without effective authority, or expired prior service will not qualify. If no individual exercises effective governing control at the specified time, this market will resolve to “No Head of State”. The primary resolution source will be a consensus of credible reporting assessing who exercises effective governing authority at the specified time.
Ends December 31, 2026.
Winning shares pay $1 and losing shares pay $0, so a share’s price in cents is the market’s implied chance of that outcome.
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