Strait of Hormuz traffic returns to normal by September 30?
1%chance, according to the market
Backed by $135K traded in the last 24 hours — this is a price people are staking money on, not a forecast.
How the price has moved
On Aug 4 the market put this at 30%.
Aug 4now 1%
How this resolves
The rules below decide who gets paid. Read them before the price — most surprises are definitional, not predictive.
This market will resolve to “Yes” if IMF Portwatch publishes a 7-day moving average of transit calls (“Arrivals of Ships”) for the Strait of Hormuz equal to or above 60 for any date between market creation and September 30, 2026. Otherwise, this market will resolve to “No”.
Daily 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.
This market will resolve as soon as IMF Portwatch publishes a 7-day moving average of transit calls equal to or above the specified level, or once data has been published for the final date in the specified period and no such value has been published. If no data has been published for the final date of the specified period within 14 calendar days (ET) after the end of that period, this market will resolve based on data published up to that point.
Revisions to previously published data points made within this market’s timeframe will be considered. However, they will not disqualify a previously published data point from qualifying. Revisions to previously published data points after data is published for September 30, 2026, however, will not be considered.
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.
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.
Guides
Background worth reading before you trade this.
- ANALYSISHow to trade the oil shock after the Saudi pipeline strikeWith Hormuz closed and Saudi Arabia's bypass pipeline shut, WTI $110 jumped from 14.5c to 47c. A three-leg basket for the scenario the market prices, and where it loses.
- ANALYSISWhat the Strait of Hormuz markets are actually pricingThe Hormuz reopening markets don't settle on news. They settle on one number published by IMF PortWatch — and until you know that number, you are trading the wrong question.
- GUIDERead the resolution rules before you look at the priceMost settlement surprises are definitional, not predictive. You were right about the world and wrong about what the market counted — here's what to check before you buy.
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Trade this marketPrice as of 2026-09-18 13:40 UTC · Source: Polymarket