Will the Bab el-Mandeb Strait be effectively closed by August 31?

Will the Bab el-Mandeb Strait be effectively closed by August 31?

Event Details

The market has about $1.50M total and $142K daily volume; live Yes is about 3.3%.

Outcomes

  • Yes 1.8%
  • No 98.2%

Resolution Rules

Yes if IMF PortWatch publishes a Bab el-Mandeb seven-day moving average of Arrivals of Ships at 10 or below by the deadline; otherwise No, using the source revision rules.

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