Bab el-Mandeb Strait effectively closed by...?

Polymarket traders put "December 31" at 15.5% on "Bab el-Mandeb Strait effectively closed by...?". $45K traded in the last 24 hours. There are 2 possible outcomes. It resolves on Jan 1.

Most likely right now
December 31
–16%
PoliticsVol $45KTotal volume $16.6MLiquidity $531KComments 280in 3 months (Jan 1)
Current probability

Oct 9 · right column is the 24-hour change (pp)

0%50%100%
December 31
15.5%
–
October 31
5.50%
–

Probability over time

December 31
October 31
02550751008/259/69/139/209/2710/410/9
2026-08-25 ~ 2026-10-09 · y-axis %

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Probabilities are Polymarket trade prices, formed by participants betting real money. They are not official forecasts and are a poor basis for investment decisions.