Escalating tensions in the Middle East, particularly Iran's threats to disrupt the Strait of Hormuz amid Israel-Iran exchanges, drive trader consensus toward very low average daily ship transits (0-10 at 68.5%) by month's end. Recent Houthi attacks on Red Sea shipping have amplified fears of spillover, prompting some vessels to reroute and reducing traffic volumes. Official reports indicate transits already dipping below historical averages of 50-60 ships per day due to heightened insurance risks and naval patrols by US and Iranian forces. While no full closure has occurred, warnings from Tehran following Israeli strikes position low-transit scenarios as leading outcomes, with higher bins like 60+ at just 5.3% reflecting caution over potential retaliatory actions.
Experimental AI-generated summary referencing Polymarket data · UpdatedAvg. # of ships transiting Strait of Hormuz end of March?
Avg. # of ships transiting Strait of Hormuz end of March?
0-10 69%
10-20 13%
60+ 5.3%
50-60 4.1%
$696,101 Vol.
$696,101 Vol.
0-10
69%
10-20
13%
20-30
3%
30-40
2%
40-50
3%
50-60
4%
60+
5%
0-10 69%
10-20 13%
60+ 5.3%
50-60 4.1%
$696,101 Vol.
$696,101 Vol.
0-10
69%
10-20
13%
20-30
3%
30-40
2%
40-50
3%
50-60
4%
60+
5%
Transit calls include 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 data for March 31, 2026 has been published. If no data for March 31, 2026 has been published by April 14, 2026, 11:59 PM ET, this market will resolve based on data for the most recent date prior to March 31, 2026 for which data is available.
This market will resolve based on the first publication of data for March 31, 2026. Any subsequent revisions will not be considered.
If the reported value falls exactly between two brackets, this market will resolve to the higher range bracket.
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, 4:48 PM ET
Resolver
0x69c47De9D...Resolver
0x69c47De9D...Escalating tensions in the Middle East, particularly Iran's threats to disrupt the Strait of Hormuz amid Israel-Iran exchanges, drive trader consensus toward very low average daily ship transits (0-10 at 68.5%) by month's end. Recent Houthi attacks on Red Sea shipping have amplified fears of spillover, prompting some vessels to reroute and reducing traffic volumes. Official reports indicate transits already dipping below historical averages of 50-60 ships per day due to heightened insurance risks and naval patrols by US and Iranian forces. While no full closure has occurred, warnings from Tehran following Israeli strikes position low-transit scenarios as leading outcomes, with higher bins like 60+ at just 5.3% reflecting caution over potential retaliatory actions.
Experimental AI-generated summary referencing Polymarket data · Updated


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