The Strait of Hormuz is one of the world's most strategically important waterways, through which approximately 20-30% of global petroleum traded by sea passes daily. A US blockade of this strait would represent a significant escalation in geopolitical tensions, potentially affecting global oil prices and regional stability. The market is asking whether President Trump will publicly announce that such a blockade has been lifted by May 31, 2026. Currently trading at 95% YES odds, the market implies that a reversal or de-escalation announcement is highly probable within the next five weeks, signaling either a resolution through diplomatic channels or a shift in the administration's approach to the region. The question specifically requires an announcement—not just a de facto end to the blockade—meaning Trump must explicitly state that the action has been lifted. The high odds suggest traders expect either improved US-Iran relations, successful negotiations, or other developments that would warrant a public lifting of such measures. The sharp trajectory toward 95% indicates increasing market confidence in a near-term resolution announcement, reflecting recent developments in Middle Eastern geopolitics and potential sanctions relief negotiations.