Houthi forces seized Mokha port, Perim Island, the Hanish Islands, and Yemen’s full Red Sea coastline in mid-September 2026, securing direct positions overlooking the Bab el-Mandeb Strait. This followed their July embargo on Saudi-linked vessels and renewed missile strikes on commercial traffic, which have cut transits 40-60% below prior levels while Saudi crude flows via the route collapsed. Shipping continues without formal closure, though volumes remain depressed and operators increasingly reroute or avoid flagged targets amid insurance and security concerns. Ongoing clashes, Houthi statements limiting aims to specific vessels, and parallel disruptions at the Strait of Hormuz continue to shape assessments of whether traffic will fall to effective closure thresholds in coming months.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$15,120,777 Vol.
September 30
1%
October 31
9%
December 31
18%
$15,120,777 Vol.
September 30
1%
October 31
9%
December 31
18%
This market will resolve as soon as IMF PortWatch publishes a 7-day moving average of transit calls for the Bab el-Mandeb Strait equal to or below 10, or once data has been published for the listed date and no such value has been published.
If no data has been published for the listed date within 14 calendar days (ET) after that date, this market will resolve based on the data published up to that point.
Revisions to previously published data points made before data has been published for the listed date will be considered; however, they will not disqualify a previously published data point from qualifying. Revisions made after data has been published for the listed date will not be considered.
The resolution source for this market will be IMF PortWatch, specifically the “Arrivals of Ships” data published for the Bab el-Mandeb Strait at https://portwatch.imf.org/pages/6b1814d64903461b98144a6cc25eb79c.
Market Opened: May 5, 2026, 8:25 PM ET
Resolver
0x65070BE91...This market will resolve as soon as IMF PortWatch publishes a 7-day moving average of transit calls for the Bab el-Mandeb Strait equal to or below 10, or once data has been published for the listed date and no such value has been published.
If no data has been published for the listed date within 14 calendar days (ET) after that date, this market will resolve based on the data published up to that point.
Revisions to previously published data points made before data has been published for the listed date will be considered; however, they will not disqualify a previously published data point from qualifying. Revisions made after data has been published for the listed date will not be considered.
The resolution source for this market will be IMF PortWatch, specifically the “Arrivals of Ships” data published for the Bab el-Mandeb Strait at https://portwatch.imf.org/pages/6b1814d64903461b98144a6cc25eb79c.
Resolver
0x65070BE91...Houthi forces seized Mokha port, Perim Island, the Hanish Islands, and Yemen’s full Red Sea coastline in mid-September 2026, securing direct positions overlooking the Bab el-Mandeb Strait. This followed their July embargo on Saudi-linked vessels and renewed missile strikes on commercial traffic, which have cut transits 40-60% below prior levels while Saudi crude flows via the route collapsed. Shipping continues without formal closure, though volumes remain depressed and operators increasingly reroute or avoid flagged targets amid insurance and security concerns. Ongoing clashes, Houthi statements limiting aims to specific vessels, and parallel disruptions at the Strait of Hormuz continue to shape assessments of whether traffic will fall to effective closure thresholds in coming months.
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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