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Strait of Hormuz May Stay Disrupted for Over a Year, Prediction Markets Show
Traders on the prediction market platform Kalshi give less than 50% odds that the Strait of Hormuz will fully reopen to normal traffic by July 2027. This suggests the key maritime chokepoint could remain disrupted for at least 12 months or more. The Strait of Hormuz is one of the world's most critical transit routes for oil shipments.
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