54%→27%, this drop is more dramatic than oil price fluctuations, and those betting on geopolitical risks are starting to withdraw.

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MeNews
Strait of Hormuz shipping recovery outlook downgraded
ME News message: On April 19 (UTC+8), forecast market data shows that in the event “Will shipping traffic through the Strait of Hormuz return to normal by the end of April?”, the probability of the “Yes” option fell from 54.5% to 27.5%, a decline of 27.0 percentage points in a single day.
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