Hormuz Normalization Increasingly Looks Like a Post-2027 Problem
Source: Kalshi market “When will traffic at the Strait of Hormuz return to normal?”
a coin flip (54%)
Leading outcome
Before Jan 1, 2029 54%
A coin flip · Falling · A · tracked 83 days
peak 81% (53d ago) · low 43% (61d ago)
leaning yes → a coin flip
8 tier changes over tracking period
24h move
▼
11.0 pts
Before Jan 1, 2029
Traded 24h
$289K
$10.2M all time
Resolves by
2029-01-01
Source markets
26
26 markets · mixed
Where the money stands
Before Jan 1, 2029
54%
▼
11.0
Before Jul 1, 2028
49%
▼
12.0
Before Jan 1, 2028
44%
▼
6.0
Before Nov 1, 2027
42%
▼
2.0
Before Dec 1, 2027
41%
▼
2.0
Before Oct 1, 2027
38%
0.0
Source markets for this story
US-Iran ceasefire continues through...?
Polymarket · October 22 92% · -3.9 24h
Who wins the Senate pending Hormuz Agreement by Oct 23?
Polymarket · No Hormuz Agreement 90% · -6.3 24h
US announces end of Iranian blockade by...?
Polymarket · March 31 62% · +3.5 24h
When will traffic at the Strait of Hormuz return to normal?
Kalshi · Before Jan 1, 2029 54% · -11.0 24h
Israel x Iran ceasefire continues through...?
Polymarket · October 21 95% · -2.4 24h
Who wins the Senate pending Hormuz Agreement before the midterms?
Polymarket · No Hormuz Agreement 85% · -6.4 24h
US-Iran ceasefire continues through the midterms?
Polymarket · Yes 78% · -2.0 24h
Strait of Hormuz traffic returns to normal by December 31?
Polymarket · Yes 12%
Iran agrees to surrender enriched uranium stockpile by...?
Polymarket · December 31 8% · +1.0 24h
Kharg Island no longer under Iranian control by...?
Polymarket · December 31 8%
Strait of Hormuz traffic returns to normal by October 31?
Polymarket · Yes 1%
Who will attend a round of US-Iran peace talks by December 31?
Polymarket · Jared Kushner 38% · +5.5 24h
US-Iran Final Nuclear Deal by…?
Polymarket · December 31 14% · +2.0 24h
US-Iran Hormuz Agreement by...?
Polymarket · December 31 31% · +0.5 24h
Who wins the Senate pending oil above or below $80 before the midterms?
Polymarket · Oil ≥ $80; D Senate 62%
Iran-Oman Hormuz Management Agreement by...?
Polymarket · December 31 32% · +2.5 24h
Iran leadership change by...?
Polymarket · June 30, 2027 26% · +0.5 24h
Will the Iranian regime fall before 2027?
Polymarket · Yes 4%
Strait of Hormuz traffic returns to normal by November 30?
Polymarket · Yes 6% · +1.0 24h
Who wins the Senate pending Hormuz Agreement by Oct 23 and oil below $80 before the midterms?
Polymarket · No Agreement or Oil ≥ $80; D Senate 65%
Iran full airspace closure by...?
Polymarket · December 31 30% · -0.5 24h
Will the U.S. invade Iran before 2027?
Polymarket · Yes 16%
Next US-Iran senior diplomatic meeting by...?
Polymarket · December 31, 2026 42% · +7.0 24h
What will be in a US-Iran deal in 2026?
Polymarket · Uranium Enrichment % Cap (1+ Year) 14%
Who wins the Senate pending Hormuz Agreement and oil below $80 before the midterms?
Polymarket · No Agreement or Oil ≥ $80; D Senate 61%
Israel accuses Iran/proxies of plane stabbing incident by Oct 31?
Polymarket · Yes 4% · -1.1 24h
The Money Talks —
Iran's Blockade Is Likely Over by Year's End — But Don't Expect the Strait to Follow
Get an alert when Us Iran Hormuz Standoff moves.
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