Kalshi traders see less than a 50% chance that Hormuz shipping returns to normal by July 2027

Wall Street traders are pricing a slow return to normal shipping through Hormuz. Kalshi contracts were below 50% on Friday afternoon. The chance of regular traffic by July 2027 fell to 47% from nearly 70% two days earlier. The drop came as the United States completed a 13th straight night of attacks on Iranian sites...