Forecast · GEOPOLITICS

Strait of Hormuz traffic returns to normal by end of June?

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The live reading for this market isn’t in the current snapshot. We show no number rather than a stale or invented one — the venue page below stays authoritative.

The market’s answer

What the venue is pricing.

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The causal pathway

The number is the end of a chain. This is the chain.

Pathway illustrative — the live graph ships with the product
EVENTFIRST-ORDERSECOND-ORDERREPRICINGCOMPRESSESCEASEFIRE /DE-ESCALATIONNAVAL ESCORTREGIMEWAR-RISKINSURANCE PREMIUMDAILY TANKERTRANSITSGULF CRUDEEXPORT FLOWP(NORMAL BYJUN 30) REPRICES
Watch criterion

Daily transit counts still below ~80% of the May baseline past June 20 — at that point normalization by month-end stops being physically reachable.

What the substrate adds

From a number to a defensible decision.

Here the substrate's tritemporal memory matters most: every transit count, insurance quote, and headline would be stored with the time it became knowable, so a reconstruction of any decision shows exactly what the desk could have known — and detect_leakage() proves nothing from the future crept in. simulate_intervention(do(ceasefire_holds)) would propagate through war-risk premia and transit counts to a revised normalization probability, with each assumed edge named. None of that pipeline is live yet; this pathway is the sketch of it.