Polymarket odds of normal Hormuz traffic by Sept. 30 fall to 11%

Polymarket pricing shows traders have sharply lowered expectations that the Strait of Hormuz will return to normal traffic by Sept. 30, with the contract's probability falling to 11% after a 12-point decline over the past month. The move came as Trump said he was "not in a hurry" to resolve Iran-related issues and confirmed the existence of a secret communication channel with officials from Iran's Islamic Revolutionary Guard Corps. He also warned that the United States would bomb Oman if Oman obstructed the U.S. Iran's army commander Hatami responded to Trump's recent claim that, after "defeating" Iran, he would soon declare the Strait of Hormuz U.S. territory, saying that even as a joke such remarks were a major mistake and adding, "This is Iran, and the defenders will break the invaders' legs."

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