Trader sentiment on Polymarket leans heavily toward "No" at 65% implied probability for U.S. Navy ships transiting the Strait of Hormuz in March, driven by zero confirmed passages through the vital chokepoint so far this month amid escalating Iran-backed Houthi threats in the Red Sea. This waterway handles 21% of global oil flows, and absent transits amplify geopolitical risk premiums baked into Brent crude futures near $85/bbl, up 5% YTD on supply disruption fears. With 10 days remaining, watch U.S. Central Command reports or satellite tracking for breakthroughs; a single transit flips resolution to Yes, potentially spiking volatility in energy equities and shipping rates. Historical precedent shows routine U.S. patrols, but current dynamics favor deterrence over passage.
Experimental AI-generated summary referencing Polymarket data · Updated$401,648 Vol.
20+
27%
40+
11%
60+
10%
80+
8%
$401,648 Vol.
20+
27%
40+
11%
60+
10%
80+
8%
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...Resolver
0x65070BE91...Trader sentiment on Polymarket leans heavily toward "No" at 65% implied probability for U.S. Navy ships transiting the Strait of Hormuz in March, driven by zero confirmed passages through the vital chokepoint so far this month amid escalating Iran-backed Houthi threats in the Red Sea. This waterway handles 21% of global oil flows, and absent transits amplify geopolitical risk premiums baked into Brent crude futures near $85/bbl, up 5% YTD on supply disruption fears. With 10 days remaining, watch U.S. Central Command reports or satellite tracking for breakthroughs; a single transit flips resolution to Yes, potentially spiking volatility in energy equities and shipping rates. Historical precedent shows routine U.S. patrols, but current dynamics favor deterrence over passage.
Experimental AI-generated summary referencing Polymarket data · Updated

Beware of external links.
Beware of external links.
Frequently Asked Questions