The U.S. and Iran are currently exchanging strikes.
While Iran contends complete control over the Strait of Hormuz, the U.S.
Central Command (CENTCOM) reiterated that it is a vital "maritime corridor" and that "Iran does not control it." CENTCOM Confirms New Strikes CENTCOM on Sunday confirmed that the U.S. conducted a "new wave of offensive strikes against Iran," hitting dozens of targets.
Iran, on the other hand, conducted strikes at U.S. assets in the region, including military bases in Jordan, Oman, Kuwait and Bahrain.
Here’s What Prediction Market Is Saying Polymarket, a Polygon (CRYPTO: POL) based prediction platform that allows users to wager on an outcome using the USDC (CRYPTO: USDC) stablecoin, is currently betting on a contract "Strait of Hormuz traffic returns to normal by July 31?" Over $15.9 million has been bet on the contract so far.
