The US military has severed Iran's communications with the Khark and Qeshm islands, a move that escalates tensions in the Persian Gulf. Prediction markets now show a 24.5% probability of a full airspace closure by July 31 and a 46.5% chance by August 31.
Two Islands Cut Off
The operation targeted communication lines to Khark, home to Iran's largest oil export terminal, and Qeshm, the biggest
