andromeda-galaxy
For everyone blindly buying YES because they saw the word 'open', here is the actual translation of the Iranian military intelligence account (@dolfiniran) laying out the exact rules for this 'open' strait:
1: Iran is forcing a mandatory 'rerouting operation' moving all traffic into its territorial waters (via north of Lark Island) to guarantee its sovereignty forever.
2: Iran determines which ships are 'commercial' and excludes enemy-linked ships. Quote: 'Passage is practically limited by Iran's discretion and will not be free. Commercial vessels passing through MUST ALSO PAY SECURITY TOLLS TO IRAN.'
3: Quote: 'Passage will take place IN COORDINATION WITH THE IRGC NAVY.'
Now read the Polymarket Rules: To resolve YES, Iran must allow transit 'WITHOUT Iranian authorization/permission, PAYMENT OF FEES TO IRAN, or other Iran-imposed restrictions.'
Iran’s own side is publicly boasting in Farsi that tolls are mandatory, IRGC permission is required, and they are imposing a strict new routing restriction. The restrictions are explicitly NOT lifted. You are trading a fake-out headline, while the actual legal criteria guarantees this resolves NO.