The potential for Iranian military action against Gulf nations remains a significant focus of geopolitical analysis and market forecasting. This event cluster groups seven related prediction markets that all address the same underlying question: whether Iran will launch military strikes against various regional countries by April 30, 2026. The specific targets include Bahrain, Oman, Qatar, Azerbaijan, and Jordan—along with two additional nations tracked in this aggregate view. These markets function as a structured way to monitor and quantify trader expectations about escalating regional tensions, military posturing, and the likelihood of actual military operations. What makes this grouping particularly valuable is that it allows simultaneous observation of how traders perceive probability across multiple potential targets. While all seven markets share the same geopolitical context—the current state of Iran-Gulf relations—the individual price differences reveal nuanced expectations about which countries might be targeted, which hold greater strategic importance from Iran's perspective, and which have more robust defensive capabilities or international backing. A target nation with a higher probability price indicates traders believe Iranian strikes are more likely, while lower prices suggest either perceived deterrence, reduced strategic incentive, or international pressure factors. Readers monitoring these markets should pay attention to price movements across the group rather than viewing each market in isolation. If all prices rise together, that suggests an overall escalation in perceived military risk. If prices diverge—with some targets rising while others fall—that indicates market participants are making differentiated assessments about which countries face greater threat. External catalysts like statements from Iranian officials, diplomatic developments, military mobilizations, or statements from Gulf allies will typically influence these prices. The temporal window through April 30, 2026 provides a defined forecast horizon, allowing the market to price in both immediate escalation risks and the possibility of diplomatic resolution or de-escalation over the coming months.