Scott Bessent Says Hormuz Deal Could Come by Tomorrow: Do Prediction Markets Agree?
Treasury Secretary Scott Bessent says a Hormuz deal could come within days, but Polymarket traders price just 18% odds shipping returns to normal by Aug. 31.
A government leader says a big shipping agreement might happen soon, but people betting money on it think it's unlikely to happen by the end of August. This shows how uncertain everyone is about whether things will really get better for oil companies.
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