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CNBC

Kalshi traders price 58% chance Strait of Hormuz traffic normalizes before August after Trump’s Iran deal announcement

The probability that shipping traffic in the Strait of Hormuz will return to normal before August rose above 50% after U.S. President Donald Trump said a deal with Iran would reopen the passage. On Kalshi, the odds were 58%, the highest since late May. Traders also put the chance of a return to normal before the end of this year at 75%.
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