Iran's gatekeeping of the Strait of Hormuz amid its war with the US and Israel, erupting in late February 2026, has collapsed daily ship transits from a pre-crisis average of 130-138 vessels to single digits or zero for most of March, per marine intelligence trackers and preliminary IMF Portwatch data. This critical chokepoint for 20% of global seaborne oil trade triggered Brent crude volatility, with prices surging above $115 per barrel in late March before settling near $108 on April 2 amid selective permissions for China- and Russia-linked vessels. Trader consensus reflects sustained low volumes, with rerouting inflating tanker rates and insurance premiums; final IMF Portwatch March figures will trigger market resolution, while US naval posturing signals potential escalation risks.
Experimental AI-generated summary referencing Polymarket data · Updated$650,240 Vol.
20+
3%
40+
1%
60+
<1%
80+
<1%
$650,240 Vol.
20+
3%
40+
1%
60+
<1%
80+
<1%
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 March 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: Mar 9, 2026, 2:21 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 March 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...Iran's gatekeeping of the Strait of Hormuz amid its war with the US and Israel, erupting in late February 2026, has collapsed daily ship transits from a pre-crisis average of 130-138 vessels to single digits or zero for most of March, per marine intelligence trackers and preliminary IMF Portwatch data. This critical chokepoint for 20% of global seaborne oil trade triggered Brent crude volatility, with prices surging above $115 per barrel in late March before settling near $108 on April 2 amid selective permissions for China- and Russia-linked vessels. Trader consensus reflects sustained low volumes, with rerouting inflating tanker rates and insurance premiums; final IMF Portwatch March figures will trigger market resolution, while US naval posturing signals potential escalation risks.
Experimental AI-generated summary referencing Polymarket data · Updated



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