HORMUZ STRAIT
US strikes on Iran hit Hormuz outlook as Polymarket Yes drops to 58.5%
On July 8, 2026, the United States launched new strikes on Iran during the seven-day funeral of Supreme Leader Ali Khamenei, citing attacks on commercial ships in the Strait of Hormuz.
Oil jumps on U.S.-Iran tensions as Polymarket puts Hormuz fees at 76% by Dec 31
Brent climbed over 3% to $76.48 a barrel at 06:30 GMT after renewed U.S.-Iran fighting and attacks on commercial vessels in the Strait of Hormuz.
OPEC+ hikes output as Hormuz traffic lags, Polymarket 99% on no by July 15
After a virtual meeting, OPEC+ said it will raise output by 188,000 bpd from August as it continues unwinding 2023 voluntary cuts, while Hormuz transits stayed far below the usual ~130 per day.
Iran funeral preparations hit Hormuz normalization bet to 59.5% on Polymarket
Today in Tehran, Iran is holding a funeral procession for its slain supreme leader, with organizers expecting millions to attend amid heightened tensions.
NATO warns cheap drones strain defenses as Polymarket Hormuz Yes ticks to 28.5%
On July 15-targeted timeline, NATO deputy commander Sir John Stringer said cheap drones and mass attacks are straining Western air defenses, highlighting the cost gap between Patriots and
