Trader consensus on Polymarket assigns a mere 0.4% implied probability to the Bab el-Mandeb Strait being effectively closed by April 30—defined as IMF PortWatch's 7-day moving average of ship arrivals falling to 10 or below—while pricing a 16% chance by May 31, driven by Houthi threats on April 19 to shutter the chokepoint amid U.S.-Iran tensions under the Trump administration, yet persistent transits averaging over 30 ships daily. Ongoing Red Sea disruptions have rerouted vessels around Africa, elevating the Baltic Dry Index to 2,670 (up 32% monthly) and freight rates 25-35%, with Brent crude surging past $119/barrel on supply risk premiums for 12% of global trade flows. Watch IMF PortWatch updates and U.S. naval responses for sentiment shifts.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedBab el-Mandeb Strait effectively closed by...?
Bab el-Mandeb Strait effectively closed by...?
$2,357,012 Vol.
April 30
<1%
May 31
16%
$2,357,012 Vol.
April 30
<1%
May 31
16%
This market will resolve as soon as IMF PortWatch publishes a 7-day moving average of transit calls for the Bab el-Mandeb Strait equal to or below 10, or once data has been published for the listed date and no such value has been published.
If no data has been published for the listed date within 14 calendar days (ET) after that date, this market will resolve based on the data published up to that point.
Revisions to previously published data points made before data has been published for the listed date will be considered; however, they will not disqualify a previously published data point from qualifying. Revisions made after data has been published for the listed date will not be considered.
The resolution source for this market will be IMF PortWatch, specifically the “Arrivals of Ships” data published for the Bab el-Mandeb Strait at https://portwatch.imf.org/pages/6b1814d64903461b98144a6cc25eb79c.
Market Opened: Apr 14, 2026, 10:30 AM ET
Resolver
0x65070BE91...This market will resolve as soon as IMF PortWatch publishes a 7-day moving average of transit calls for the Bab el-Mandeb Strait equal to or below 10, or once data has been published for the listed date and no such value has been published.
If no data has been published for the listed date within 14 calendar days (ET) after that date, this market will resolve based on the data published up to that point.
Revisions to previously published data points made before data has been published for the listed date will be considered; however, they will not disqualify a previously published data point from qualifying. Revisions made after data has been published for the listed date will not be considered.
The resolution source for this market will be IMF PortWatch, specifically the “Arrivals of Ships” data published for the Bab el-Mandeb Strait at https://portwatch.imf.org/pages/6b1814d64903461b98144a6cc25eb79c.
Resolver
0x65070BE91...Trader consensus on Polymarket assigns a mere 0.4% implied probability to the Bab el-Mandeb Strait being effectively closed by April 30—defined as IMF PortWatch's 7-day moving average of ship arrivals falling to 10 or below—while pricing a 16% chance by May 31, driven by Houthi threats on April 19 to shutter the chokepoint amid U.S.-Iran tensions under the Trump administration, yet persistent transits averaging over 30 ships daily. Ongoing Red Sea disruptions have rerouted vessels around Africa, elevating the Baltic Dry Index to 2,670 (up 32% monthly) and freight rates 25-35%, with Brent crude surging past $119/barrel on supply risk premiums for 12% of global trade flows. Watch IMF PortWatch updates and U.S. naval responses for sentiment shifts.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated


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