## Market Snapshot
Strait of Hormuz Ship Transit market currently shows 12.5% YES for May 31, down from 53% 24 hours ago. Trump’s Hormuz Blockade Announcement market is at 12% YES, down from 31% the previous day.
## Key Takeaways
– The deployment of over 20 American warships appears to suggest a decreased likelihood of 20 ships transiting the Strait of Hormuz freely by May 31. – Pricing suggests that an announcement by Donald Trump lifting the blockade by the end of May is increasingly unlikely. – Current market trends are consistent with scenarios where heightened military presence persists in the region.
## Article Body
