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Hormuz traffic normal by Nov 30?

4 % 0 pts day

A Polymarket contract on whether ship traffic through the Strait of Hormuz returns to normal by Nov 30. The strait carries much of the world's seaborne oil and Gulf LNG, so this is a bet on Gulf energy exports flowing freely.

Nov 5 · 4.00 % · −6.00 pts vs the window’s open

Polymarket · daily
the numbers21
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Oct 6high10.00 %
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Nov 5low4.00 %−2.00 pts
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Lately

Iran's offer to reopen the strait shrank from 7 days to 2. Then the US struck Qeshm Island, and Tehran said four tankers were ablaze after hitting mines. One of Iran's five conditions for a deal is recognition of its sovereignty over Hormuz, which would put any reopening on Tehran's terms.

  1. Iran Offers Two-Day Hormuz Reopening
  2. US Strikes Qeshm Island
  3. Four Tankers Burn in Hormuz
  4. Iran Sets Five Conditions