Kalshi traders don’t see Strait of Hormuz traffic returning to normal until July

Key Points

Bettors on prediction markets platform Kalshi now see the chances of traffic in the Strait of Hormuz returning to normal in June as below 50%.
Those bettors think there’s a 59% chance traffic is back to normal by July, and a 61% chance by August.
Kalshi defines normal traffic as transit through the strait crossing 60 ships based on a 7-day moving average from IMF PortWatch.

Source

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