Iran's oil exports decline by 15% or more due to shipping disruptions…

Following renewed attacks in the Strait of Hormuz, insurance costs for vessels transiting the region will surge, deterring shipping companies from using the route. Iran, heavily reliant on oil exports, will face significant revenue losses as global buyers seek alternative suppliers.

macro · Prediction Market

Implied probability (Yes)

80%

Closes

2026-08-31

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