Polymarket odds hit 8.5% for Hormuz traffic normalizing by July 31
The post Polymarket odds hit 8.5% for Hormuz traffic normalizing by July 31 appeared on BitcoinEthereumNews.com. Joerg Hiller Jul 10, 2026 22:04 Explosions were reported across parts of Iran as U.S. Polymarket odds hit 8.5% for Hormuz traffic normalizing by July 31 Polymarket Slams “Yes” After Iran Explosion Reports Reprice Strait of Hormuz Normalization Risk On Polymarket, traders have pushed the “Strait of Hormuz traffic returns to normal by July 31?” contract sharply toward No, with Yes down to 8.5% on $14.23M matched. The repricing follows fresh reports of explosions in Iran and escalating regional strikes, and the market’s move is visible in both the large swing from 42% and the recent high-volatility tape. Key Takeaways Polymarket implies a 91.5% chance of “No” (only 8.5% Yes) that Strait of Hormuz traffic returns to normal by July 31. The contract repriced lower after reports of explosions in Iran and continued tit-for-tat strikes, aligning traders toward prolo