Geopolitical tensions between the US and Iran, including the collapse of a June 2026 memorandum of understanding and reimposed naval blockade, have driven sharply reduced Strait of Hormuz transits, with daily traffic averaging just five vessels in mid-to-late August amid Iranian enforcement actions and vessel blacklists. This chokepoint normally handles roughly 20% of global oil trade; the resulting supply disruptions of 5–7 million barrels per day have lifted benchmark crude prices about 20% above pre-conflict levels while pushing VLCC spot rates above $520,000 per day on Middle East Gulf routes. Tanker operators have shifted to dark transits, shuttle networks, and rerouting via Singapore and Malaysia, elevating war-risk premiums and insurance costs. Market-implied odds reflect trader consensus on persistently low volumes through August 31, shaped by ongoing sanctions escalation and limited Omani mediation prospects rather than any near-term reopening.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedWill __ ships transit the Strait of Hormuz on any day by August 31?
$172,216 Vol.
30+
1%
40+
<1%
50+
<1%
60+
<1%
80+
<1%
100+
<1%
$172,216 Vol.
30+
1%
40+
<1%
50+
<1%
60+
<1%
80+
<1%
100+
<1%
Transit calls include container, dry bulk, roll-on/roll-off, general cargo, and tanker ships. Ships not reported by IMF Portwatch will not be considered.
Data for a specific date must be finalized before it is considered for this market (namely, once the next date's data point is available, the previous one is finalized).
This market will resolve as soon as a qualifying figure has been finalized or once all relevant data has been finalized. If the data for the final date of the specified timeframe has not been finalized by the end of the third calendar day (ET) after the day on which such data is first released, this market will resolve based on data published up to that point. Additionally, if not all relevant data has been released and finalized within 14 calendar days of the end of the specified period, this market will resolve based on data published up to that point.
In case of obvious data integrity issues (i.e., erroneous data), the market may remain open until the end of the third calendar day (ET) after the date on which such data is first released to allow for corrections. Data integrity issues refer only to clerical or other similar errors in the underlying data, and do not include cases where IMF Portwatch differs from alternative sources.
Only revisions to previously published data points made before the applicable resolution time will be considered.
The resolution source for this market will be IMF Portwatch, specifically the transit calls data published for the Strait of Hormuz at https://portwatch.imf.org/pages/cb5856222a5b4105adc6ee7e880a1730, both in the chart and through downloadable files.
Market Opened: Jul 31, 2026, 10:15 AM ET
Resolver
0x65070BE91...Transit calls include container, dry bulk, roll-on/roll-off, general cargo, and tanker ships. Ships not reported by IMF Portwatch will not be considered.
Data for a specific date must be finalized before it is considered for this market (namely, once the next date's data point is available, the previous one is finalized).
This market will resolve as soon as a qualifying figure has been finalized or once all relevant data has been finalized. If the data for the final date of the specified timeframe has not been finalized by the end of the third calendar day (ET) after the day on which such data is first released, this market will resolve based on data published up to that point. Additionally, if not all relevant data has been released and finalized within 14 calendar days of the end of the specified period, this market will resolve based on data published up to that point.
In case of obvious data integrity issues (i.e., erroneous data), the market may remain open until the end of the third calendar day (ET) after the date on which such data is first released to allow for corrections. Data integrity issues refer only to clerical or other similar errors in the underlying data, and do not include cases where IMF Portwatch differs from alternative sources.
Only revisions to previously published data points made before the applicable resolution time will be considered.
The resolution source for this market will be IMF Portwatch, specifically the transit calls data published for the Strait of Hormuz at https://portwatch.imf.org/pages/cb5856222a5b4105adc6ee7e880a1730, both in the chart and through downloadable files.
Resolver
0x65070BE91...Geopolitical tensions between the US and Iran, including the collapse of a June 2026 memorandum of understanding and reimposed naval blockade, have driven sharply reduced Strait of Hormuz transits, with daily traffic averaging just five vessels in mid-to-late August amid Iranian enforcement actions and vessel blacklists. This chokepoint normally handles roughly 20% of global oil trade; the resulting supply disruptions of 5–7 million barrels per day have lifted benchmark crude prices about 20% above pre-conflict levels while pushing VLCC spot rates above $520,000 per day on Middle East Gulf routes. Tanker operators have shifted to dark transits, shuttle networks, and rerouting via Singapore and Malaysia, elevating war-risk premiums and insurance costs. Market-implied odds reflect trader consensus on persistently low volumes through August 31, shaped by ongoing sanctions escalation and limited Omani mediation prospects rather than any near-term reopening.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated
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