CM ClearMarket
SYSTEM: LIVE · PRICES: HOURLY REFRESH · COVERAGE: ~3,330 EVENTS / ~30,000 MARKETS · KALSHI + POLYMARKET

US recognizing Reza Pahlavi as Iran leader stays a long shot

Kalshi 6%
record: CMSIG2026072405 | category: momentum-repricing | target: CM-EVT-SY50TZ6672 | published: 2026-07-24
4-bullet brief | narrative
  • Kalshi prices only 6% on the U.S. recognizing Reza Pahlavi as Iran's leader by end of 2026.
  • Despite escalating U.S. strikes and Trump threatening a massive attack, markets see regime-change recognition as a remote outcome this year.
  • A companion Polymarket contract puts the Iranian regime's fall before 2027 at 9%, and Kalshi prices a U.S. embassy reopening in Iran at just 7%, consistent with a low-probability regime-change scenario.
  • Resolution adjudicated by ABC News reporting on an official U.S. government recognition act.
atomic briefs
[01] news_event
significance
surfaced in the daily Exa news-cycle scan; mechanically matched to an active kalshi market
story
The U.S. launched new strikes on Iran and President Donald Trump threatened a massive attack as the conflict widened, raising questions about U.S. end-state goals.exa_search → nbcnews.com · as_of 2026-07-25T09:42:27+00:00
[mediated]
publisher
nbcnews.com
published_at
2026-07-24T00:00:00.000Z
[02] pm_response
interp
Kalshi at 6% treats U.S. recognition of a replacement Iranian government as a deep long shot even as military strikes escalate.llm_judge_cm_signal_v1
[editorial]
evaluation

News-cycle wires publish on coverage, not editorial selection — the day’s top stories matched to the prediction markets pricing them, so nothing is cherry-picked.

judge_engine
none — deterministic news-cycle scan
judge_verdict
auto_published
judge_confidence
n/a — no judge gate (deterministic publishing)
prompt_template
news_cycle_v1 github · auditable
match_method
entity_slug_match (mechanical)
citation graph

Every wire traces back to the ClearMarket event it is built on, and out to each venue’s own market page — so any figure here can be verified at its source.

programmatic access · four surfaces, same payload

AI grounded search reads embedded JSON-LD in HTML. Developers query REST. Agentic AI clients (Claude Desktop, Cursor) call MCP tools. AI crawlers index via /llms.txt. Same canonical record at every surface.

HTMLbrowsers, AI grounded search, crawlers (contains embedded JSON-LD @type: Dataset)https://clearmarket.fyi/signals/us-recognizes-pahlavi-as-iran-leader-by-2026-kalshi-6-2026-07-24/
JSONREST API for developershttps://clearmarket.fyi/signals/us-recognizes-pahlavi-as-iran-leader-by-2026-kalshi-6-2026-07-24.json
MCPagentic AI tool call (Claude Desktop, Cursor, Continue)clearmarket.get_signal("us-recognizes-pahlavi-as-iran-leader-by-2026-kalshi-6-2026-07-24")
AGENTAI crawler discovery index/llms.txt

PM data: platform APIs (hourly refresh). News context: retrieved with source citations. Editorial judgment: LLM judge with prompt template versioned per wire type. Per-claim provenance inline above; full per-field provenance map at the JSON endpoint under field_provenance.

raw JSON record · same payload returned by REST endpoint
{
  "$schema": "https://clearmarket.fyi/schema/signal/v1.json",
  "provenance_version": "0.2.0",
  "record_id": "CMSIG2026072405",
  "published_at": "2026-07-24T00:00:00.000Z",
  "detection": "news_cycle",
  "category_tag": "MOMENTUM_REPRICING",
  "secondary_tags": [],
  "pre_news_classification": "concurrent",
  "target_event_id": "CM-EVT-SY50TZ6672",
  "target_event_slug": "kxrecogpersoniran-26",
  "event_question": "Will the United States recognize Reza Pahlavi as the leader of Iran by 2026?",
  "bullets": [
    "Kalshi prices only 6% on the U.S. recognizing Reza Pahlavi as Iran's leader by end of 2026.",
    "Despite escalating U.S. strikes and Trump threatening a massive attack, markets see regime-change recognition as a remote outcome this year.",
    "A companion Polymarket contract puts the Iranian regime's fall before 2027 at 9%, and Kalshi prices a U.S. embassy reopening in Iran at just 7%, consistent with a low-probability regime-change scenario.",
    "Resolution adjudicated by ABC News reporting on an official U.S. government recognition act."
  ],
  "atomic_claims": [
    {
      "type": "news_event",
      "field_provenance": {
        "story": {
          "tier": "mediated",
          "method": "exa_search",
          "source": "nbcnews.com",
          "source_url": "https://www.nbcnews.com/world/iran/us-iran-strikes-trump-massive-attack-war-hormuz-red-sea-oil-rcna589016",
          "retrieved_at": "2026-07-25T09:42:27+00:00"
        }
      },
      "significance": {
        "threshold": 5,
        "threshold_unit": "rank",
        "passed": true,
        "reason": "surfaced in the daily Exa news-cycle scan; mechanically matched to an active kalshi market"
      },
      "story": "The U.S. launched new strikes on Iran and President Donald Trump threatened a massive attack as the conflict widened, raising questions about U.S. end-state goals.",
      "publisher": "nbcnews.com",
      "published_at": "2026-07-24T00:00:00.000Z",
      "source_url": "https://www.nbcnews.com/world/iran/us-iran-strikes-trump-massive-attack-war-hormuz-red-sea-oil-rcna589016"
    },
    {
      "type": "pm_response",
      "field_provenance": {
        "notes": {
          "tier": "editorial",
          "method": "llm_judge_cm_signal_v1"
        }
      },
      "notes": "Kalshi at 6% treats U.S. recognition of a replacement Iranian government as a deep long shot even as military strikes escalate."
    }
  ],
  "evaluation": {
    "judge_engine": "none — deterministic news-cycle scan",
    "judge_verdict": "auto_published",
    "judge_confidence": null,
    "prompt_template": "news_cycle_v1"
  },
  "citations": {
    "internal": {
      "cm_event": "/events/kxrecogpersoniran-26/",
      "related": []
    },
    "external": {
      "venue_a": "https://kalshi.com/markets/KXRECOGPERSONIRAN-26",
      "venue_b": null,
      "benchmark": null
    }
  },
  "sources": [
    {
      "label": "nbcnews.com: U.S. launches new Iran strikes, Trump threatens ‘massive attack’ as wa",
      "url": "https://www.nbcnews.com/world/iran/us-iran-strikes-trump-massive-attack-war-hormuz-red-sea-oil-rcna589016",
      "published_at": "2026-07-24T00:00:00.000Z",
      "retrieved_at": "2026-07-25T09:42:27+00:00"
    }
  ],
  "field_provenance": {
    "pm_data": "kalshi_api",
    "news_context": "exa_search",
    "editorial_judgment": "cm_signal_llm_judge"
  }
}
PROVENANCE PROTOCOL v0.2 · [direct] venue api · [mediated] grounded web fetch + source url · [derived] computed from listed inputs · [editorial] versioned llm judgment · full spec /schema/provenance/v1
record CMSIG2026072405 published 2026-07-24T00:00:00.000Z signature sha256-9f0b5edb5c0… ← underlying event all signals →