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Today's Brief/Sunday, 12 July 2026/๐Ÿ“ˆ Stocks & Economy
๐Ÿ“ˆ Stocks & Economy๐Ÿ‡ฎ๐Ÿ‡ณ India

Strait of Hormuz Disruption May Last Into 2027, Traders Warn

CNBCยทSunday, 12 July 2026
Strait of Hormuz Disruption May Last Into 2027, Traders Warn

Prediction market traders on Kalshi now put just a 43% chance that traffic through the Strait of Hormuz returns to normal by December 1. The latest setback has pushed expectations for normalisation all the way to 2027.

Why It Matters

The Strait of Hormuz is one of the world's most critical oil shipping lanes, and India depends heavily on crude oil passing through it. A prolonged disruption could mean higher energy costs for Indian households and businesses.

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