CM ClearMarket
SYSTEM: LIVE · PRICES: HOURLY REFRESH · COVERAGE: ~2,450 EVENTS / ~20,000 MARKETS · KALSHI + POLYMARKET

Pahlavi recognition by US end-2026 holds at deep discount

Kalshi 7%
record: CMSIG2026070905 | category: momentum-repricing | target: CM-EVT-SY50TZ6672 | published: 2026-07-09
4-bullet brief | narrative
  • Kalshi prices only 7% on the US recognizing Reza Pahlavi as Iran's leader by end-2026, a deep discount despite active military escalation.
  • Escalating US strikes and Iranian retaliation against Gulf states are consistent with regime pressure, but markets see a formal recognition outcome as highly unlikely this year.
  • A companion Kalshi contract (CM-EVT-34SYT4T2T1) prices just 5% on the US reopening its embassy in Iran, confirming the market sees no near-term diplomatic normalization either direction.
  • Resolves via ABC News determination of official US recognition; active conflict makes formal recognition mechanics highly uncertain for the 2026 window.
atomic briefs
[01] news_event
significance
surfaced in the daily Exa news-cycle scan; mechanically matched to an active kalshi market
story
The US launched new airstrikes on Iran and Tehran responded by targeting Gulf Arab states, threatening an interim deal intended to end the war.exa_search → By  The Associated Press · as_of 2026-07-09T10:56:21+00:00
[mediated]
publisher
By  The Associated Press
published_at
2026-07-09T00:00:00.000Z
[02] pm_response
interp
Kalshi contract resolving via ABC; low probability consistent with both escalation scenario and lack of a negotiated regime-change pathway in current news flow.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-reza-pahlavi-as-iran-leader-by-2026-kalshi-7-2026-07-09/
JSONREST API for developershttps://clearmarket.fyi/signals/us-recognizes-reza-pahlavi-as-iran-leader-by-2026-kalshi-7-2026-07-09.json
MCPagentic AI tool call (Claude Desktop, Cursor, Continue)clearmarket.get_signal("us-recognizes-reza-pahlavi-as-iran-leader-by-2026-kalshi-7-2026-07-09")
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": "CMSIG2026070905",
  "published_at": "2026-07-09T00:00:00.000Z",
  "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 7% on the US recognizing Reza Pahlavi as Iran's leader by end-2026, a deep discount despite active military escalation.",
    "Escalating US strikes and Iranian retaliation against Gulf states are consistent with regime pressure, but markets see a formal recognition outcome as highly unlikely this year.",
    "A companion Kalshi contract (CM-EVT-34SYT4T2T1) prices just 5% on the US reopening its embassy in Iran, confirming the market sees no near-term diplomatic normalization either direction.",
    "Resolves via ABC News determination of official US recognition; active conflict makes formal recognition mechanics highly uncertain for the 2026 window."
  ],
  "atomic_claims": [
    {
      "type": "news_event",
      "field_provenance": {
        "story": {
          "tier": "mediated",
          "method": "exa_search",
          "source": "By                  \n\nThe Associated Press",
          "source_url": "https://www.npr.org/2026/07/09/g-s1-132670/us-iran-strikes",
          "retrieved_at": "2026-07-09T10:56:21+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 US launched new airstrikes on Iran and Tehran responded by targeting Gulf Arab states, threatening an interim deal intended to end the war.",
      "publisher": "By                  \n\nThe Associated Press",
      "published_at": "2026-07-09T00:00:00.000Z",
      "source_url": "https://www.npr.org/2026/07/09/g-s1-132670/us-iran-strikes"
    },
    {
      "type": "pm_response",
      "field_provenance": {
        "notes": {
          "tier": "editorial",
          "method": "llm_judge_cm_signal_v1"
        }
      },
      "notes": "Kalshi contract resolving via ABC; low probability consistent with both escalation scenario and lack of a negotiated regime-change pathway in current news flow."
    }
  ],
  "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": "By                  \n\nThe Associated Press: U.S. launches new airstrikes on Iran and Tehran fires back at Gulf Ara",
      "url": "https://www.npr.org/2026/07/09/g-s1-132670/us-iran-strikes",
      "published_at": "2026-07-09T00:00:00.000Z",
      "retrieved_at": "2026-07-09T10:56:21+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 CMSIG2026070905 published 2026-07-09T00:00:00.000Z signature sha256-3f88bc67912… ← underlying event all signals →