Spreadiction

Iran charges Hormuz fees by July 15?

A prediction market on Polymarket. Yes is trading at 4.7¢, implying a 5% probability. 24-hour volume is $160.8K. Resolves Jul 15, 2026.

4.7¢
5% probability
95.3¢
95% probability

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24-hour volume
$160.8K
Total volume
$383.2K
Liquidity
$48.8K
Resolves
Jul 15, 2026
Event
Iran charges Hormuz fees by...?
Hosted on
Polymarket
Resolution source
Polymarket / UMA oracle

About this market

This market resolves to “Yes” if the Iranian government officially announces and begins collecting fees, tolls, charges, tariffs, or similar payments from commercial vessels which are mandatory for passage through or access to the Strait of Hormuz between market creation and the specified date, 11:59 PM ET. Otherwise, this market resolves to “No.” A qualifying fee must be an announced policy which applies generally to all commercial vessels, or a defined subcategory of commercial vessels (e.g., vessels flagged to the US and its allies). Isolated demanded charges will not qualify. A fee is mandatory if, in practice, affected commercial vessels cannot transit or access the Strait of Hormuz without paying it, regardless of whether Iran characterizes the payment as voluntary or a fee for services. Fees described as tolls, maritime fees, service charges, environmental fees, security fees, insurance charges, etc. will qualify provided they are recognized as mandatory for passage through or access to the Strait of Hormuz by a consensus of credible reporting (e.g., a mandatory insurance fee charged by the Iranian Persian Gulf Strait Authority would qualify). Both of the following are required to occur prior to the specified date, 11:59 PM ET to satisfy this market’s resolution criteria: 1) An official announcement from the Iranian government that such a fee is being, or will be, implemented. 2) A consensus of credible reporting that collection of the fee has begun. Fees charged by Oman, the United Arab Emirates, shipping insurers, private companies, or other non-Iranian entities do not qualify unless charged jointly with Iran, or if Iran directly receives the fee or controls the charging entity. Normal port fees, customs duties, sanctions-related costs, or shipping surcharges do not alone qualify. The resolution sources will be official announcements from the government of Iran and consensus of credible reporting.

Frequently asked questions

What is this prediction market about?

This is a Polymarket prediction market asking: "Iran charges Hormuz fees by July 15?". Traders buy "Yes" tokens if they think the event will occur, or "No" tokens if they think it will not. Each token's price (in cents on the dollar) represents the market's consensus probability of that outcome.

What is the current probability?

The market currently prices "Yes" at 4.7¢, which implies a 5% probability. "No" trades at 95.3¢. The probability updates in real time as traders buy and sell.

When does this market resolve?

This market is scheduled to resolve on Jul 15, 2026. After resolution, the winning side's tokens redeem at $1 each (in USDC) and the losing side at $0.

How is the outcome decided?

Resolution follows Polymarket's standard process via UMA's optimistic oracle: a proposed outcome is submitted, and anyone may dispute it within a challenge window before settlement.

What does buying YES or NO actually mean?

"Yes" and "No" are outcome tokens on the Polygon blockchain. Each one pays out $1 in USDC if its outcome resolves true, otherwise $0. If you buy "Yes" at 4.7¢ and the outcome resolves "Yes", you receive $1 per token; if it resolves "No", your "Yes" tokens are worth nothing.

How much trading activity is there?

Over the last 24 hours, $160.8K has been traded on this market. Total volume since the market opened is $383.2K. Current order-book liquidity is $48.8K — the amount that can be filled at or near the mid-price without significant slippage.

Where is this market hosted?

On Polymarket, the largest prediction-market platform in the world. Polymarket runs on the Polygon blockchain and uses USDC as collateral.

Is Polymarket available everywhere?

No. Polymarket is geographically restricted. Trading is blocked in some jurisdictions, including the United States. Polymarket detects your location and prevents deposits and trades where the service is unavailable. Always verify access from your country before depositing funds.

Can I see the live order book and top holders?

Yes. Spreadiction surfaces the live CLOB order book, top holders by USD value, recent whale trades and derived analytics for every active Polymarket market. Use the navigation: Markets, Whales, Signals, Alpha, Scanner.

Is anything on this page investment advice?

No. Spreadiction is an analytics tool. Nothing on this page is investment, financial, legal or tax advice. Prediction markets carry substantial risk of loss. See the full disclaimer for details.

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Trading happens on Polymarket. You will need a Polygon wallet with USDC. Polymarket is geographically restricted — verify access from your jurisdiction before depositing.

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