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Which month will Strait of Hormuz traffic return to normal in 2027?

Neg-riskEnds Jan 1, 2028RecurringGeopoliticsIranshippingOilHormuztankertrade

This market will resolve according to the calendar month containing the first date from January 1, 2027 to December 31, 2027 for which the 7-day moving average of transit calls through the Strait of Hormuz, according to IMF PortWatch, is at least 60. If no such date occurs, this market will resolve to “No Return to Normal Traffic in 2027”. IMF PortWatch typically publishes a rounded 7-day moving average in the chart on its chokepoint page and an unrounded figure in its downloadable files. The figure shown in the chart will be used for settlement. If the chart is unavailable, the downloadable figure, rounded to the nearest whole number, will be used. This market will resolve as soon as IMF PortWatch publishes a qualifying 7-day moving average, or once IMF PortWatch has published data for every date in the period with no qualifying 7-day moving average. Revisions made after that point will not be considered, unless subject to the data integrity clause below. If any data is still unpublished 14 calendar days after the period’s final date, this market will resolve on the most recent data published at that time. In the case that the Resolution Source publishes data, sufficient to settle a Market, that is clearly erroneous and the result of technical or operational error, or of unauthorized interference with the Resolution Source or its data, the Market may remain open for a period of up to seven (7) calendar days (ET) from the time of the original release, in anticipation of a correction by the Resolution Source. If the Resolution Source publishes a corrected value within that period, that value will be eligible for resolution. If no corrected value is published within that period, Polymarket will issue a Clarification to determine whether the originally published value may be eligible for resolution, or whether other action is required to preserve the orderly functioning of the Market. The resolution source for this market will be IMF PortWatch, specifically the Transit Calls data published for the Strait of Hormuz at https://portwatch.imf.org/pages/cb5856222a5b4105adc6ee7e880a1730.