The probability of Iran’s leadership blocking the Strait of Hormuz for shipping has increased following the U.S. airstrikes on Iran’s nuclear facilities.
At press time, shares of the Yes side of the Polymarket-listed contract “Will Iran Close the Strait of Hormuz before June 30 traded at 40 cents, representing a 40% probability. That’s a notable increase from 14% Saturday. Meanwhile, the odds of the event occurring by the end of the year increased to 52%, up from 33% the previous day.
STORY CONTINUES BELOW
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