HORMUZ TRAFFIC SLUMPS — RECOVERY UNCERTAIN Ship transits through the Strait of Hormuz have plunged to 35 last week (from 78), far below pre-war levels, as blockades and attacks intensify. Markets aren’t convinced of a quick rebound—only ~49% odds traffic normalizes before July 1. A critical global chokepoint remains under pressure. https://kalshi.com/markets/kxhormuznorm/when-will-traffic-at-the-strait-of-hormuz-return-to-normal/kxhormuznorm-26mar17?utm_source=walterbloomberg(*Walter Bloomberg)