Amid escalating U.S.-Iran conflict since February 2026, the Strait of Hormuz—a vital chokepoint for roughly 20% of seaborne oil trade—has seen daily vessel transits plummet to 12 on May 12 from pre-crisis norms above 100, fueling trader caution on shipping normalization by May 31. Recent catalysts include a May 6 attack on a CMA CGM container ship, Iran's May 7 transit rules imposing stricter controls, and dry bulk crossings falling to zero as carriers halt amid soaring war-risk insurance premiums. Over 1,550 vessels remain stranded, sustaining oil price volatility with WTI premiums reflecting supply disruption risks. Upcoming peace talks and U.S. escort missions under Project Freedom could sway market-implied probabilities, alongside weekly IMF PortWatch transit data.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$372,363 Vol.
20+
45%
40+
17%
60+
11%
80+
10%
$372,363 Vol.
20+
45%
40+
17%
60+
11%
80+
10%
The number of daily transit calls/arrivals includes 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 daily number 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 May 31, 2026, however, will not 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: Apr 29, 2026, 4:59 PM ET
Resolver
0x65070BE91...The number of daily transit calls/arrivals includes 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 daily number 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 May 31, 2026, however, will not 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...Amid escalating U.S.-Iran conflict since February 2026, the Strait of Hormuz—a vital chokepoint for roughly 20% of seaborne oil trade—has seen daily vessel transits plummet to 12 on May 12 from pre-crisis norms above 100, fueling trader caution on shipping normalization by May 31. Recent catalysts include a May 6 attack on a CMA CGM container ship, Iran's May 7 transit rules imposing stricter controls, and dry bulk crossings falling to zero as carriers halt amid soaring war-risk insurance premiums. Over 1,550 vessels remain stranded, sustaining oil price volatility with WTI premiums reflecting supply disruption risks. Upcoming peace talks and U.S. escort missions under Project Freedom could sway market-implied probabilities, alongside weekly IMF PortWatch transit data.
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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