Israel closes its airspace by...?

Ongoing regional tensions stemming from the February 2026 U.S.-Israeli strikes on Iranian targets and subsequent Iranian missile and drone retaliation continue to shape airspace decisions, with Israeli authorities maintaining broad restrictions or temporary closures amid ongoing threats from proxies including Yemen-based groups. Trader consensus reflected in current low single-digit to low-teens p…

This market will resolve to “Yes” if Israel initiates a major closure of its airspace by the specified date, 11:59 PM ET. Otherwise, this market will resolve to “No”. A “major closure” is defined as a broad closure, cancellation, or complete suspension of commercial aviation across the entirety of Israeli civilian airspace or a region encompassing a majority of Israeli civilian airspace, including commercial flights transiting, arriving in, and departing from that airspace. A qualifying closure must apply generally to all flights across Israel or a qualifying subset of Israeli airspace. Limi…