Will Iran close its airspace by August 31?

The market resolves on August 31, 2026. Given the current date of June 14, 2026, there is significant time remaining. Recent news indicates ongoing tensions and flight disruptions in the Middle East, with specific mentions of Iran's airspace and attacks affecting flights to the UAE, Kuwait, and Bahrain. The market price for YES is currently high at $0.875, suggesting a strong belief in a closure. The price trend over the last 7 days shows a significant increase from $0.51 to $0.88, indicating in