High probability of Iran closing the Strait of Hormuz by March 31.
The market shows a strong consensus that Iran will close the Strait of Hormuz, with a probability of 99.95%. However, the AI model suggests a slightly lower probability of 93.95%, indicating potential undervaluation of the NO side by 6 points. This discrepancy may reflect uncertainty or differing interpretations of geopolitical dynamics.
If Iran halts or severely restricts international maritime traffic through the Strait of Hormuz by March 31, 2026, 11:59 PM ET, this market will resolve to "Yes". Otherwise, this market will resolve to "No".
The primary resolution source for this market will be official governmental information, however a consensus of credible reporting will also be used.