Market Snapshot
The “Strait of Hormuz traffic returns to normal by July 31” market is currently priced at 31.5% YES, down from 28% YES 24 hours ago. The “Kharg Island no longer under Iranian control by June 30” market is at 2.8% YES, a slight decrease from 3% YES a day ago. The “Mojtaba Khamenei leaves Iran by June 30, 2026” market remains at a low 1.8% YES.
Key Takeaways
The report of an Iranian attack on Kuwait suggests increased regional instability, impacting markets related to Gulf security.
Pricing in the Strait of Hormuz market appears consistent with decreased confidence in traffic normalization by July 31.
