80 Mines Hold Hormuz Recovery at Even Money
The Hormuz recovery market holds at 47.5% YES at 02:40 UTC Saturday as 80 IMO-estimated mines block the transit threshold despite the US-Iran ceasefire.
The Hormuz July traffic-recovery contract sits at 47.5% YES as of 02:40 UTC Saturday, down 1 percentage point over 24 hours from a 0.485 open and 14.5 percentage points below a session high of 0.62, as the market continues to price the implementation gap between diplomacy and mine clearance ahead of a July 31 deadline. Twenty-four-hour volume stands at $473,812.
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5¢implied▼−3.0 ptsFiled June 23, 2026
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