Bab el-Mandeb Strait effectively closed by September 30?
Window 26 Aug 2026, 11:01 UTC → 26 Aug 2026, 12:31 UTC
Price at window start 7¢ → at trigger 6¢ → at close 6¢
YES down · NO up
Resolves 01 Oct 2026, 03:59 UTC
Frozen payload
REPRICED Repriced -0.5pts: 7¢ at window start → 6¢ at close
OUTSIDE BAND Outside the 7-day band: below the lower bound 6¢ (band 6¢–11¢) band from 167 hourly obs / 7.0d
VOLUME 5.7× this market's 7-day norm, $52.7k in 24h
BOOK Book 1.8:1 ask, $3.0k/$5.4k within 10¢
Book 1.8:1 ask, $3.0k/$5.4k within 10¢ · spread 2.0¢
Triggers (1)
26 Aug 2026, 11:01 UTC: Band breach (lower): 7¢ → 6¢ (-0.5pts), confirmed over 30s
Context artifact
@DeItaone · X: posted 1h 43m before the break
IRAN TIES HORMUZ REOPENING TO END OF WAR
Iran says the Strait of Hormuz will remain closed until the US lifts its naval blockade and the war ends permanently, including fighting in Lebanon.
Meanwhile, Iran and Oman are discussing a temporary shipping route through the strait and plans to remove sea mines.
President Trump maintains that all mines have already been cleared.