Peace talks advanced, yet the world's oil choke point didn't β½οΈ π
Even after the ceasefire, the Strait of Hormuz is still moving a handful of ships instead of its normal daily flow, with loaded tankers stuck inside the Gulf.
When a channel that carries 20% of the world's oil stays jammed, it hits energy prices, insurance costs, and delivery schedules far beyond the region.
That uncertainty is still the story, which is reflected in the @Polymarket for Strait of Hormuz's traffic return by end of April, sitting at 23%.
#Geopolitics #PolymarketPartner #StraitOfHormuz
Peace talks advanced, yet the world's oil choke point didn't β½οΈ π
Even after the ceasefire, the Strait of Hormuz is still moving a handful of ships instead of its normal daily flow, with loaded tankers stuck inside the Gulf.
When a channel that carries 20% of the world's oil stays jammed, it hits energy prices, insurance costs, and delivery schedules far beyond the region.
That uncertainty is still the story, which is reflected in the @Polymarket for Strait of Hormuz's traffic return by end of April, sitting at 23%.
#Geopolitics #PolymarketPartner #StraitOfHormuz