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Iran implements new regulations for passage through the Strait of Hormuz; vessels must complete an application.
BlockBeats News, May 7th, Iran implements new regulations for passage through the Strait of Hormuz, requiring ships to complete applications to ensure safe passage. Iranian senior officials also spoke out, stating that the United States cannot reopen the Strait of Hormuz based on “unrealistic plans.”
According to PolyBeats monitoring, on the prediction market Polymarket, the probability of the Strait of Hormuz being open to navigation before the end of this month is 39%.