[Geopolitics vs. Market Sentiment]
Despite Iran's parliament officially approving the closure of the Strait of Hormuz, Polymarket odds for "Iran closes the Strait by July" dropped to 29% ⬇️
📉 Why the skepticism?
1️⃣ Legislative approval ≠ military execution
2️⃣ Full closure would trigger massive global repercussions—more posturing than action?
📌 Geopolitical tension rising, but markets stay cautious on real escalation.