Trader consensus on Polymarket reflects a low implied probability—around 15% for Houthi-led closure by year-end—of the Bab el-Mandeb Strait becoming effectively closed, driven by sustained US-UK airstrikes degrading Houthi capabilities while preserving 70-80% of pre-conflict shipping volumes per Clarksons data. Escalating Red Sea disruptions have surged Asia-Europe container rates 400% (Drewry World Container Index) and added $1-2 million per voyage in fuel costs, inflating global supply chain pressures and a $3-5 per barrel oil premium. Key risks include Iranian escalation or Israeli reprisals, with upcoming US intelligence briefings and OPEC+ decisions on January 1 potentially swaying energy market dynamics and resolution odds.
Experimental AI-generated summary referencing Polymarket data · UpdatedBab el-Mandeb Strait effectively closed by...?
Bab el-Mandeb Strait effectively closed by...?
$130,289 Vol.
March 31
4%
April 30
20%
$130,289 Vol.
March 31
4%
April 30
20%
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
, including both the chart and downloadable files.
Market Opened: Mar 16, 2026, 2:42 PM ET
Resolver
0x65070BE91...Resolver
0x65070BE91...Trader consensus on Polymarket reflects a low implied probability—around 15% for Houthi-led closure by year-end—of the Bab el-Mandeb Strait becoming effectively closed, driven by sustained US-UK airstrikes degrading Houthi capabilities while preserving 70-80% of pre-conflict shipping volumes per Clarksons data. Escalating Red Sea disruptions have surged Asia-Europe container rates 400% (Drewry World Container Index) and added $1-2 million per voyage in fuel costs, inflating global supply chain pressures and a $3-5 per barrel oil premium. Key risks include Iranian escalation or Israeli reprisals, with upcoming US intelligence briefings and OPEC+ decisions on January 1 potentially swaying energy market dynamics and resolution odds.
Experimental AI-generated summary referencing Polymarket data · Updated



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