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Iran and the ?United States exchanged intensifying fire on Thursday in a week-long escalation that has largely unravelled last month's truce, while Tehran disputed U.S. President Donald Trump's claim that a U.S. citizen had been released.
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Kalshi retained most of the profits, which were more than $90,000, from the trades made on public statements by President Trump.
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The same area devastated by floods last year's floods, which caused more than 130 deaths, is once again being hit.
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President Donald Trump announced "major combat operations" against Iran on Feb. 28, with massive joint U.S.-Israeli strikes.
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