Strait of Hormuz traffic returns to normal by end of June?
💡 What the odds say
The market puts this at about a 5% chance — very unlikely.
Prediction-market odds are usually well-calibrated — historically, outcomes priced near 70% happen about 70% of the time — but the crowd can still be wrong, and the price can lag the news.
Across venues
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No money — just record your call and see if you were right. Yes is at 5% right now.
Summary
The market predicts a 98% chance that Strait of Hormuz traffic will not return to normal by June 2026, based on IMF Portwatch data. Current odds heavily favor 'No' due to geopolitical tensions, but a small 'Yes' probability remains if conditions improve.
How it resolves
Settled on-chain by UMA's optimistic oracle: once an outcome is clear, anyone can propose the result, which then enters a challenge window where it can be disputed with evidence before it finalizes.
⚖️ A proposed outcome can be disputed during a challenge window before it's final.
Resolution criteria
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 June 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 June 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.
ⓘ A market settles under its own written rules, which can lag what looks decided in the news — so the price may not move to 100% the moment an outcome seems obvious.
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