Strait of Hormuz traffic won't return to normal until end of the year, traders say

Vessels anchored at the Strait of Hormuz, as seen from Musandam, Oman, May 29, 2026. Stringer | Reuters There is a high likelihood that the shipping traffic in the Strait of Hormuz will not return to normal this year, according to prediction market traders. There is now a 66% chance that the strait will not see a normal flow of traffic before January 2027 on Kalshi. Odds that it will return to normal before August plummeted from 66% to 21% over the last two weeks. …