Polymarket’s probability for the Strait of Hormuz to return to normal by June 30 fell to 9%, down 9 percentage points over the past 24 hours. According to Odaily, total trading volume for the event has exceeded $28 million.
The update comes as Hezbollah and Israel continue intense clashes in southern Lebanon. Iran has publicly said it does not trust the United States and is preparing for multiple scenarios.
Ebrahim Rezaei, spokesperson for the Iranian parliament’s National Security and Foreign Policy Committee, said the issue of a Lebanon ceasefire is Iran’s “red line” and that Iran will not back down on related matters. Rezaei said Iran and the United States are currently in a hostile state and that Iran is preparing for the possibility of another war.
He added that Iran does not believe what Americans say and acts based on its own considerations, while also pursuing negotiation and diplomatic options and continuing talks with the United States.
Polymarket Odds for Strait of Hormuz Returning to Normal by June 30 Fall to 9%
2026-06-20 08:44:08
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