Strait of Hormuz reopening is crucial for crude oil prices as bettors predict 40% chance of traffic returning to normal by June 2026.

Iran agrees to reopen the Strait of Hormuz, halting tolls and fighting. Traffic returns to normal by July 31 at 71% YES.

Strait of Hormuz reopening is crucial for crude oil prices as bettors predict 40% chance of traffic returning to normal by June 2026.