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First reported by Mailchimp
OPEC+ Approves Further Oil Output Increase

Traders Just Slashed the Odds That the Strait of Hormuz Returns to Normal — From 88 Percent to Barely a Coin Flip

Isaac Seitz1h agoen
Read on nationalsecurityjournal.org

From the article

Prediction markets have gutted the odds that Strait of Hormuz traffic returns to pre-war levels — from a June peak near 88 percent down to about 52 percent — after Iran struck tankers and Trump declared the ceasefire over. Oil is climbing past $74, shipping has slowed to a crawl, and a Marine-loaded assault ship is moving in.
Continue reading on National Security Journal

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