Traffic in the Strait of Hormuz won’t return to normal until August or later, according to Kalshi traders

Traders predict the Strait of Hormuz will return to normal traffic flow by late summer or September. Despite the U.S. and Iran's ceasefire, neither side has indicated when they might open the strait or end the U.S. naval blockade. Recent conflicting claims and Trump's directive to guide ships through the strait have prompted market reassessment.