{"slug":"straits-live-api-premium-risk-premium-d27213","title":"Strait of Hormuz war-risk transit premium nowcast","host":"straits.live","method":"GET","resource":"https://straits.live/api/premium/risk-premium","category":"market","description":"Strait of Hormuz war-risk transit premium nowcast: a live MODELED war-risk insurance multiple (Nx over the peace baseline, on the published 1x-80x scale) for moving a tanker through the strait, recomputed every 5 minutes from throughput deviation (IMF PortWatch), the escalation forecast (Polymarket ","price_listed":0.05,"price_asked":0.05,"state":"answering","state_label":"Answering","checks_7d":1,"answered_7d":1,"latency_ms_median":408,"reported_calls_30d":1,"reported_payers_30d":1,"networks":["eip155:8453"],"badge":"unverified","paid_checks_7d":0,"paid_ok_7d":0,"example_input":{"method":"GET","queryParams":{},"type":"http"},"output_schema":{"$schema":"https://json-schema.org/draft/2020-12/schema","properties":{"input":{"additionalProperties":false,"properties":{"method":{"enum":["GET"],"type":"string"},"queryParams":{"properties":{},"type":"object"},"type":{"const":"http","type":"string"}},"required":["type","method"],"type":"object"},"output":{"properties":{"example":{"type":"object"},"type":{"type":"string"}},"required":["type"],"type":"object"}},"required":["input"],"type":"object"},"history":[{"day":"2026-09-29","reachable":true,"status":402,"valid_402":true,"asked_usdc":0.05,"price_match":true,"latency_ms":408,"error":null}],"description_full":"Strait of Hormuz war-risk transit premium nowcast: a live MODELED war-risk insurance multiple (Nx over the peace baseline, on the published 1x-80x scale) for moving a tanker through the strait, recomputed every 5 minutes from throughput deviation (IMF PortWatch), the escalation forecast (Polymarket + Kalshi + Manifold + Brent-WTI spread), crude implied volatility (OVX), and event pressure (news and maritime RSS feeds, the PGSA incident feed and GDELT). The standing straits.live insurance-estimate multiple is carried only as a static reference (it is set manually and changes infrequently); the modeled figure is the live signal, not a divergence from that anchor. Returns a band, a curated VLCC war-premium band ($/voyage, estimated separately from the modeled multiple and not derived from it), per-driver detail, and a confidence that degrades on stale feeds or thin market volume. A modeled situational-awareness indicator, not an insurance quote.","last_updated":"2026-09-28T19:40:35.554Z","schemes":["exact"]}