The Strait of Hormuz was cleared after Iran attacked merchant ships

The Strait of Hormuz has been cleared after Iran attacked merchant ships. The market for at least 10 ships passing through between April 13-19 is on 0.4% YES.

Market performance

The Less than 10 ships sailing between April 13-19 The contract increased by 2 points this morning but it is still there 0.4% YES. With one day left in the planning window, traders are buying prices with almost no chance to stop shipping.

On the military front, the UK’s chances of sending warships across the Strait by April 30 have dropped. 8.5% YES, down from 12% yesterday. The decline shows that traders do not expect a response from the navy in the near future.

Why is it important?

The volume of sales reveals how thin these markets are. The cross-ship market has $14 in total USDC traded, meaning $12 can move the price 5 points. The market for warships is larger at $ 5,648 in USDC sold, while $ 304 is needed to change the market 5 points.

The news itself comes from a tier-3 source, which is usually not reliable for high-level geopolitical situations. This can be more of a noise than an actual ride.

For you to see

For traders who are considering betting on the YES stock market, buy at 0.4¢ pays $1 per decision, a 250x per return, but this requires Iran to remain aggressive and zero ships in motion. Look for information from the UK Ministry of Defense or CENTCOM on regional naval operations, which may affect both agreements.

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