Published Jun 17, 2026, 8:40 PM ET · Updated 5 months ago · 1 source

With President Trump having now signed a Memorandum of Understanding (MoU) with the goal of lifting the current blockade and fully ending the Iran War, commercial ship traffic through the Strait of Hormuz is expected to dramatically increase over the next few weeks and into July. Traders on Polymarket are predicting, with a 39% chance, that upwards of 60 ships could be transiting the Strait every day by June 30, potentially approaching levels seen before the Iran War.

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Original Report

With President Trump having now signed a Memorandum of Understanding (MoU) with the goal of lifting the current blockade and fully ending the Iran War, commercial ship traffic through the Strait of Hormuz is expected to dramatically increase over the next few weeks and into July. Traders on Polymarket are predicting, with a 39% chance, that upwards of 60 ships could be transiting the Strait every day by June 30, potentially approaching levels seen before the Iran War.