Iran charges Hormuz fees by... Odds
Polymarket traders give No a 91% chance.
| Outcome | Chance | Odds | 24h |
|---|---|---|---|
| Yes | 9% | +1011 | — |
| No | 91% | -1011 | — |
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Price history
Resolution rules
This market resolves to “Yes” if the Iranian government officially announces and begins collecting fees, tolls, charges, tariffs, or similar payments from commercial vessels which are mandatory for passage through or access to the Strait of Hormuz between market creation and the specified date, 11:59 PM ET. Otherwise, this market resolves to “No.” A qualifying fee must be an announced policy which applies generally to all commercial vessels, or a defined subcategory of commercial vessels (e.g., vessels flagged to the US and its allies). Isolated demanded charges will not qualify. A fee is mandatory if, in practice, affected commercial vessels cannot transit or access the Strait of Hormuz without paying it, regardless of whether Iran characterizes the payment as voluntary or a fee for services. Fees described as tolls, maritime fees, service charges, environmental fees, security fees, insurance charges, etc. will qualify provided they are recognized as mandatory for passage through or access to the Strait of Hormuz by a consensus of credible reporting (e.g., a mandatory insurance fee charged by the Iranian Persian Gulf Strait Authority would qualify). Both of the following are required to occur prior to the specified date, 11:59 PM ET to satisfy this market’s resolution criteria: 1) An official announcement from the Iranian government that such a fee is being, or will be, implemented. 2) A consensus of credible reporting that collection of the fee has begun. Fees charged by Oman, the United Arab Emirates, shipping insurers, private companies, or other non-Iranian entities do not qualify unless charged jointly with Iran, or if Iran directly receives the fee or controls the charging entity. Normal port fees, customs duties, sanctions-related costs, or shipping surcharges do not alone qualify. The resolution sources will be official announcements from the government of Iran and consensus of credible reporting.
Source: Polymarket. The venue's rules are final.
FAQ
What are the odds of "Iran charges Hormuz fees by..."?
As of Nov 8, 6:00 AM EST, traders on Polymarket price No at 91%, about -1011 in American odds. Prices move with every trade.
How are prediction market odds calculated?
Each contract pays $1 if the outcome happens and $0 if it doesn't, so its price is the market's implied probability: a 60¢ contract means roughly a 60% chance. We show the last trade, or the midpoint between the best bid and ask when the order book is tight.
When does this market close?
Polymarket lists Jan 1, 2027 as the end date. It can close earlier if the outcome is decided.
Where can I trade on Iran charges Hormuz fees by...?
This market trades on Polymarket. Availability depends on where you live: Kalshi is a CFTC-regulated US exchange, while Polymarket's international site isn't available to US users (Polymarket US is a separate app). You must be 18 or older.