Polymarket Odds on Strait of Hormuz Reopening This Month Fall to 32%
The prediction market moved from 39% to 32% within an hour after Fars News reported that oil tankers in the Strait of Hormuz had been intercepted following an alleged ceasefire violation by Israel.
Summary
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Terms & Concepts
Polymarket: A blockchain-based prediction market where users trade on the probability of future events using crypto.
Prediction market: A market where participants buy and sell contracts tied to the outcome of a specific event.