## Market Snapshot
Trump Project Freedom Restart Dates market shows a 7.5% YES pricing, down from 10% 24 hours ago. The Strait of Hormuz Ship Transit market reflects a 54.5% YES pricing, up from 44% 24 hours ago. Average daily transits of the Strait by May 31 are priced at 11.5% YES.
## Key Takeaways
– CENTCOM’s vessel redirection appears to support scenarios with reduced Strait of Hormuz ship transits. – Blockade activities are consistent with conditions that could lead to a Project Freedom restart. – Market pricing suggests a significant shift in expectations for ship transits due to heightened military restrictions.
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