This market resolves to the number of whole weeks the Strait of Hormoz remains closed, counting from February 28th (the last day with normal-ish traffic).

By preference, the resolution will be based data from Portwatch (https://portwatch.imf.org/pages/cb5856222a5b4105adc6ee7e880a1730); the Strait will be considered "open" if EITHER of these two conditions are met:

1) a single day with over 100 transits

2) a 7-day average of over 30 transits

This is intended to consider the Strait "open" even if traffic is substantially reduced, but not get triggered by a handful of ships breaking through.

If Portwatch doesn't show data (as it currently doesn't for me), this the market will resolve based a consensus of reporting that the Strait is open at the level described above.

I will not trade on this market.