Trump says Hormuz mine clearance cuts ‘Zero Ships Transit’ odds to 15.4%

President Donald Trump said the U.S. Navy has successfully cleared all mines from the Strait of Hormuz, a critical route for global oil transportation. The U.S. military began mine-clearance operations in April against mines reportedly laid by Iran’s Islamic Revolutionary Guard Corps. Markets interpreted the announcement as signaling improved safety and a lower likelihood that no ships would transit the strait, with the “Zero Ships Transit Hormuz” prediction-market contract falling from 23% to 15.4% YES over the past 24 hours. The statement could point to expanded U.S. control over the waterway, although official confirmation and further details remain pending. Traders are watching for statements from U.S. officials or military sources, a response from IRGC Commander Mohammad Ali Jafari, vessel-traffic announcements and developments in the broader U.S.-Iran and Israel-Iran conflicts.

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