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Trump announces US blockade of Hormuz lifted by...?

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Bulls Say, Bears Say

Bulls Say

May 31 market at 59% suggests blockade resolution is expected well before June 30 deadline

Iran-linked ships breaching the blockade line signals enforcement pressure that accelerates diplomatic resolution

June 30 is the latest contract, capturing cumulative probability from all earlier resolution dates

Bears Say

Recent 24h price drop of 2% signals traders losing confidence in a pre-June 30 resolution

Iran actively testing the blockade suggests hardened positions, not imminent lifting

'All or none' framing per Fox News source implies resolution depends on a single high-stakes deal that may not materialize by June 30