Iran charges Hormuz fees by August 31?

Iran charges Hormuz fees by...?$44k liquidity$740k volumecloses 21d
IrantollGeopoliticsStrait of HormuzOil
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Buy YES on Polymarket

BUY YES

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Cost
8.0¢
Implied chance
8.0%
Return if right
1150.0%
Spread cost
13%

If you put in $100

You get 1250.0 shares at 8.0¢ each.

YES wins: $1250.00 back, a profit of $1150.00. YES loses: $0.00, and the whole $100 is gone.

The gap between buyers and sellers takes $178.57 of that profit. Without it you would make $1328.57.

Assumes the whole order fills at this price. A large order eats into the book and averages worse.

Buy YES on Polymarket

Buy NO on Polymarket

BUY NO

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We keep it in one place with the price you saw, and email you when it settles or moves sharply. It is free, and the screener stays open to everyone either way.

Cost
94.0¢
Implied chance
94.0%
Return if right
6.4%
Spread cost
15%

If you put in $100

You get 106.4 shares at 94.0¢ each.

NO wins: $106.38 back, a profit of $6.38. NO loses: $0.00, and the whole $100 is gone.

The gap between buyers and sellers takes $1.14 of that profit. Without it you would make $7.53.

Assumes the whole order fills at this price. A large order eats into the book and averages worse.

Buy NO on Polymarket

Chance over time

0%25%50%75%100%7%56%40%20%Aug 3Aug 10

Latest: Aug 10, 02:12 PM

Latest news

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Headlines are matched on the names in “Iran charges Hormuz fees by August 31?”. Nobody checks them by hand, so one may not be relevant. They also say nothing about whether the price has already moved on this news.

How this market resolves

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.

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