Transit Fees in the Strait of Hormuz · What Iranian demands will Trump agree to by May 31
Transit Fees in the Strait of Hormuz is priced at 1¢ on Polymarket. Current book: 1¢ bid, 1¢ ask, 0¢ spread. This outcome ranks #4 of 4 inside What Iranian demands will Trump agree to by May 31?.
Price history
1¢ current
−2¢Contract brief
This market will resolve to “Yes” if the United States agrees to Iran charging fees on ships transiting the Strait of Hormuz by May 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. Iran charging fees on ships transiting the Strait of Hormuz refers to U.S. acceptance of Iran imposing tolls, transit fees, passage charges, or other mandatory payments on commercial vessels in exchange for transit through the Strait of Hormuz. The United States will be considered to have agreed to Iran charging such fees if: - Donald Trump or another authorized representative of the Government of the United States publicly announces that the United States has definitively agreed to accept Iran charging such fees on ships transiting the Strait of Hormuz. - Iran charging such fees is included as part of a treaty or deal formally established between the United States and Iran, including through signing or other formal means. Agreement refers to an explicit acceptance, authorization, or consent to the specified action. Only announcements of definitive agreement will qualify. Suggestions, negotiations, expressions of openness, or other non-definitive statements will not qualify. Any definitive agreement or commitment made before the resolution date will qualify, regardless of when or whether the specified action is implemented. The primary resolution source for this market will be official statements from Donald Trump, the U.S. government, and their official representatives; however, a consensus of credible reporting may also be used to verify the details of an announcement or formal agreement.
Outcome
Transit Fees in the Strait of Hormuz
Rank
#4 of 4
Leader
Oil Sanction Relief 24¢
Range
1¢-24¢
Family volume
$7.6M
Identifier
0xb4067f81...e878
May 28, 2026, 6:46 PM UTC · 0m ago
Implied probability
Bid
1¢
Ask
1¢
Spread
0¢
24h volume
$197K
Family rank
#4 of 4
4 outcomes · What Iranian demands will Trump agree to by May 31?
Closes
May 31, 2026
Family volume
$7.6M
Orderbook snapshot
1 / 1¢
Contract terms
What resolves this market.
YES condition
This market will resolve to “Yes” if the United States agrees to Iran charging fees on ships transiting the Strait of Hormuz by May 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. Iran charging fees on ships transiting the Strait of Hormuz refers to U.S. acceptance of Iran imposing tolls, transit fees, passage charges, or other mandatory payments on commercial vessels in exchange for transit through the Strait of Hormuz. The United States will be considered to have agreed to Iran charging such fees if: - Donald Trump or another authorized representative of the Government of the United States publicly announces that the United States has definitively agreed to accept Iran charging such fees on ships transiting the Strait of Hormuz. - Iran charging such fees is included as part of a treaty or deal formally established between the United States and Iran, including through signing or other formal means. Agreement refers to an explicit acceptance, authorization, or consent to the specified action. Only announcements of definitive agreement will qualify. Suggestions, negotiations, expressions of openness, or other non-definitive statements will not qualify. Any definitive agreement or commitment made before the resolution date will qualify, regardless of when or whether the specified action is implemented. The primary resolution source for this market will be official statements from Donald Trump, the U.S. government, and their official representatives; however, a consensus of credible reporting may also be used to verify the details of an announcement or formal agreement.
Venue
Polymarket
Closes
May 31, 2026
Identifier
0xb4067f81…e878
Event family
What Iranian demands will Trump agree to by May 31.
The same race as a probability stack: rank, volume, and where this contract sits against the other outcomes.
Total volume
$7.6M
Outcomes
4
Highest price
Oil Sanction Relief 24¢
Current share
35%
Oil Sanction Relief
polymarket · 0xa37173a88dc5622e1c42e9f8f5a9d20d70b9b99e52cb76e64fb0ad95503fcaef
Unfreeze Iranian Assets
polymarket · 0x8374c773aa911e00a8d5c02e0130d57d18a9b5035b26e50f0e48ef1b74dd5c75
Enrichment of Uranium
polymarket · 0x3f0743b88ef23a678e1d07fd2fb92badcbbb17aeca7110f188533b081afbd6af
Transit Fees in the Strait of Hormuz
polymarket · 0xb4067f81957ef1458e9712000807a4525c595f3c25a0c933ec2f69c0efb2e878
Indicators
Yield, cliff risk, volatility, and regime.
Regime
neutral
Score
0.5
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How we compute these odds
SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.
For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.
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