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icon for US charges Hormuz fees by...?

US charges Hormuz fees by...?

icon for US charges Hormuz fees by...?

US charges Hormuz fees by...?

$964,589 Vol.

Dec 31, 2026
Polymarket

$964,589 Vol.

Polymarket

August 31

$176,899 Vol.

1%

December 31

$100,537 Vol.

6%

This market will resolve "Yes" if the United States government collects a payment from any shipping company, vessel, foreign government, or other relevant entity as a fee, toll, or reimbursement for transit through the Strait of Hormuz, or for the protection of shipping in the Strait of Hormuz, by the listed date, 11:59 PM ET. Otherwise, this market will resolve "No". Any payment amount or rate will count. Payments may be monetary or in-kind (e.g., a share of cargo or oil) and may be collected directly by the US government or by an agent, contractor, or intermediary collecting on its behalf, provided the payment is made under a US-imposed fee or a compensation arrangement. The announcement, signing, or establishment of a fee program, executive order, regulation, or collection mechanism will not by itself qualify; at least one payment must actually be received by the listed date, 11:59 PM ET. Payments collected by Iran or any other party acting on its own behalf will not count. Payments under preexisting obligations, including US customs duties, tariffs on goods imported into the United States, or standard port charges, will not count unless newly imposed as a condition of Strait of Hormuz transit or protection. The resolution sources will be official announcements from the government of the United States and a consensus of credible reporting.**US officials have consistently opposed mandatory transit fees or tolls through the Strait of Hormuz under international maritime law, viewing the waterway as subject to free transit passage.** In mid-July 2026, President Trump briefly proposed that the United States act as “guardian” of the strait and collect a 20% cargo reimbursement fee to offset naval protection costs amid renewed tensions with Iran. That idea was quickly superseded by a pivot to Gulf state trade and investment deals in lieu of direct charges, with US statements reaffirming opposition to any toll regime. The June 2026 Islamabad Memorandum established a 60-day toll-free window that expired in mid-August, after which Iran signaled intent to pursue “fees for services” while the US and Gulf partners continue to reject compulsory payments. Trader consensus on Polymarket reflects these developments, with low implied probabilities for US collection of fees by year-end driven by the rapid policy reversal, legal objections, and preference for alternative compensation mechanisms. Ongoing US-Iran talks on strait administration and any further diplomatic or military shifts remain the main variables that could alter the outlook.

This market will resolve "Yes" if the United States government collects a payment from any shipping company, vessel, foreign government, or other relevant entity as a fee, toll, or reimbursement for transit through the Strait of Hormuz, or for the protection of shipping in the Strait of Hormuz, by the listed date, 11:59 PM ET. Otherwise, this market will resolve "No".

Any payment amount or rate will count. Payments may be monetary or in-kind (e.g., a share of cargo or oil) and may be collected directly by the US government or by an agent, contractor, or intermediary collecting on its behalf, provided the payment is made under a US-imposed fee or a compensation arrangement.

The announcement, signing, or establishment of a fee program, executive order, regulation, or collection mechanism will not by itself qualify; at least one payment must actually be received by the listed date, 11:59 PM ET.

Payments collected by Iran or any other party acting on its own behalf will not count. Payments under preexisting obligations, including US customs duties, tariffs on goods imported into the United States, or standard port charges, will not count unless newly imposed as a condition of Strait of Hormuz transit or protection.

The resolution sources will be official announcements from the government of the United States and a consensus of credible reporting.
Volume
$964,589
End Date
Jan 1, 2027
Market Opened
Jul 13, 2026, 12:00 PM ET
This market will resolve "Yes" if the United States government collects a payment from any shipping company, vessel, foreign government, or other relevant entity as a fee, toll, or reimbursement for transit through the Strait of Hormuz, or for the protection of shipping in the Strait of Hormuz, by the listed date, 11:59 PM ET. Otherwise, this market will resolve "No". Any payment amount or rate will count. Payments may be monetary or in-kind (e.g., a share of cargo or oil) and may be collected directly by the US government or by an agent, contractor, or intermediary collecting on its behalf, provided the payment is made under a US-imposed fee or a compensation arrangement. The announcement, signing, or establishment of a fee program, executive order, regulation, or collection mechanism will not by itself qualify; at least one payment must actually be received by the listed date, 11:59 PM ET. Payments collected by Iran or any other party acting on its own behalf will not count. Payments under preexisting obligations, including US customs duties, tariffs on goods imported into the United States, or standard port charges, will not count unless newly imposed as a condition of Strait of Hormuz transit or protection. The resolution sources will be official announcements from the government of the United States and a consensus of credible reporting.
This market will resolve "Yes" if the United States government collects a payment from any shipping company, vessel, foreign government, or other relevant entity as a fee, toll, or reimbursement for transit through the Strait of Hormuz, or for the protection of shipping in the Strait of Hormuz, by the listed date, 11:59 PM ET. Otherwise, this market will resolve "No". Any payment amount or rate will count. Payments may be monetary or in-kind (e.g., a share of cargo or oil) and may be collected directly by the US government or by an agent, contractor, or intermediary collecting on its behalf, provided the payment is made under a US-imposed fee or a compensation arrangement. The announcement, signing, or establishment of a fee program, executive order, regulation, or collection mechanism will not by itself qualify; at least one payment must actually be received by the listed date, 11:59 PM ET. Payments collected by Iran or any other party acting on its own behalf will not count. Payments under preexisting obligations, including US customs duties, tariffs on goods imported into the United States, or standard port charges, will not count unless newly imposed as a condition of Strait of Hormuz transit or protection. The resolution sources will be official announcements from the government of the United States and a consensus of credible reporting.**US officials have consistently opposed mandatory transit fees or tolls through the Strait of Hormuz under international maritime law, viewing the waterway as subject to free transit passage.** In mid-July 2026, President Trump briefly proposed that the United States act as “guardian” of the strait and collect a 20% cargo reimbursement fee to offset naval protection costs amid renewed tensions with Iran. That idea was quickly superseded by a pivot to Gulf state trade and investment deals in lieu of direct charges, with US statements reaffirming opposition to any toll regime. The June 2026 Islamabad Memorandum established a 60-day toll-free window that expired in mid-August, after which Iran signaled intent to pursue “fees for services” while the US and Gulf partners continue to reject compulsory payments. Trader consensus on Polymarket reflects these developments, with low implied probabilities for US collection of fees by year-end driven by the rapid policy reversal, legal objections, and preference for alternative compensation mechanisms. Ongoing US-Iran talks on strait administration and any further diplomatic or military shifts remain the main variables that could alter the outlook.

This market will resolve "Yes" if the United States government collects a payment from any shipping company, vessel, foreign government, or other relevant entity as a fee, toll, or reimbursement for transit through the Strait of Hormuz, or for the protection of shipping in the Strait of Hormuz, by the listed date, 11:59 PM ET. Otherwise, this market will resolve "No".

Any payment amount or rate will count. Payments may be monetary or in-kind (e.g., a share of cargo or oil) and may be collected directly by the US government or by an agent, contractor, or intermediary collecting on its behalf, provided the payment is made under a US-imposed fee or a compensation arrangement.

The announcement, signing, or establishment of a fee program, executive order, regulation, or collection mechanism will not by itself qualify; at least one payment must actually be received by the listed date, 11:59 PM ET.

Payments collected by Iran or any other party acting on its own behalf will not count. Payments under preexisting obligations, including US customs duties, tariffs on goods imported into the United States, or standard port charges, will not count unless newly imposed as a condition of Strait of Hormuz transit or protection.

The resolution sources will be official announcements from the government of the United States and a consensus of credible reporting.
Volume
$964,589
End Date
Jan 1, 2027
Market Opened
Jul 13, 2026, 12:00 PM ET
This market will resolve "Yes" if the United States government collects a payment from any shipping company, vessel, foreign government, or other relevant entity as a fee, toll, or reimbursement for transit through the Strait of Hormuz, or for the protection of shipping in the Strait of Hormuz, by the listed date, 11:59 PM ET. Otherwise, this market will resolve "No". Any payment amount or rate will count. Payments may be monetary or in-kind (e.g., a share of cargo or oil) and may be collected directly by the US government or by an agent, contractor, or intermediary collecting on its behalf, provided the payment is made under a US-imposed fee or a compensation arrangement. The announcement, signing, or establishment of a fee program, executive order, regulation, or collection mechanism will not by itself qualify; at least one payment must actually be received by the listed date, 11:59 PM ET. Payments collected by Iran or any other party acting on its own behalf will not count. Payments under preexisting obligations, including US customs duties, tariffs on goods imported into the United States, or standard port charges, will not count unless newly imposed as a condition of Strait of Hormuz transit or protection. The resolution sources will be official announcements from the government of the United States and a consensus of credible reporting.

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Frequently Asked Questions

"US charges Hormuz fees by...?" is a prediction market on Polymarket with 4 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "December 31" at 6%, followed by "August 31" at 1%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 6¢ implies that the market collectively assigns a 6% chance to that outcome. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

As of today, "US charges Hormuz fees by...?" has generated $964.6K in total trading volume since the market launched on Jul 13, 2026. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.

To trade on "US charges Hormuz fees by...?," browse the 4 available outcomes listed on this page. Each outcome displays a current price representing the market's implied probability. To take a position, select the outcome you believe is most likely, choose "Yes" to trade in favor of it or "No" to trade against it, enter your amount, and click "Trade." If your chosen outcome is correct when the market resolves, your "Yes" shares pay out $1 each. If it's incorrect, they pay out $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

This is a wide-open market. The current leader for "US charges Hormuz fees by...?" is "December 31" at just 6%, with "August 31" close behind at 1%. With no outcome commanding a strong majority, traders see this as highly uncertain, which can present unique trading opportunities. These odds update in real-time, so bookmark this page to watch how the probabilities evolve.

The resolution rules for "US charges Hormuz fees by...?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.