
Prediction market · Polymarket
This market will resolve to "Yes" if Iran publicly agrees to allow unrestricted commercial navigation of the Strait of Hormuz by April 30, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. Iran allowing unrestricted commercial navigation of the Strait of Hormuz refers to a public agreement by Iran that commercial vessels may transit the Strait of Hormuz without Iranian authorization/permission, payment of fees to Iran, or other Iran-imposed restrictions. A public agreement that all restrictions imposed on commercial vessels transiting the Strait of Hormuz by Iran as part of the US-Iran conflict which began on February 28, 2026, will be definitively lifted, without replacement by new restrictions, will qualify. A qualifying agreement must clearly indicate that Iran will not impose restrictions on commercial transit through the Strait of Hormuz. General statements about the strait being “open”, de-escalation, security, increased transit in the Strait, or stability in the region, which do not clearly indicate that Iran will allow unrestricted commercial transit through the Strait of Hormuz, will not qualify. An official pledge by Iran to allow unrestricted commercial navigation of the Strait of Hormuz will qualify for a “Yes” resolution whether as a unilateral announcement or part of an agreement with the U.S. or Israel. Any agreement or pledge made before the resolution date of this market will qualify, regardless of if/when the agreement goes into effect. An agreement by Iran to allow unrestricted commercial navigation of the Strait of Hormuz as a precondition of a more comprehensive peace process or deal will qualify, even if the agreement is not finalized or part of a formalized peace deal. The primary resolution sources for this market will be official information from the government of Iran and a consensus of credible reporting.
Ticker
iran-agrees-to-unrestricted-shipping-through-hormuz-in-april
Volume
436.3K
24h volume
31.2K
1w volume
136.5K
Open interest
119.6K
Liquidity
24.8K
Liquidity CLOB
24.8K
Start
Apr 14, 2026
End
Apr 30, 2026
Status
Active
Access
Restricted
Created
Apr 14, 2026
Event ID
379060
Slug
iran-agrees-to-unrestricted-shipping-through-hormuz-in-april
Markets
1
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"context_description": "Trader consensus on Polymarket prices a 99.9% implied probability against Iran publicly agreeing to unrestricted commercial shipping through the Strait of Hormuz by April 30, 2026, driven by the absence of any such commitment amid the 2026 Hormuz crisis. Iran imposed restrictions since late February, with only conditional reopenings during brief ceasefires—such as April 17 announcements tied to Israel-Lebanon truces—that retained Tehran’s control, new passage rules, and Persian-language requirements for vessels. Supreme Leader Mojtaba Khamenei’s April 30 declaration affirming ongoing Iranian oversight over the strait solidified this positioning, as daily transits plummeted from 138 to mere handfuls, spiking shipping insurance and oil volatility. Tail risks include an improbable last-minute diplomatic reversal or disputed retroactive claim, though geopolitical rhetoric and U.S. blockades render them negligible.",
"context_requires_regen": true,
"context_updated_at": "2026-05-01T03:04:44.780Z"
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