Hormuz July 31 Contract at 64% as Mine-Clearance Wall Caps Iran Deal Rally
The Strait of Hormuz July 31 recovery contract priced YES at 64% as of 18:17 UTC Monday, up 13.5 points on the session after Trump's Iran peace deal stalled against physical mine-clearance timelines.
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The Strait of Hormuz July 31 recovery market priced YES at 64% as of 18:17 UTC Monday — up 13.5 percentage points on the session — after Trump's June 14 peace-deal declaration drove the contract to a 71.5% intraday peak before sellers reasserted. The July 31 deadline carries a 41-point premium over the June-end variant, last covered at 22.5%, encoding six additional weeks for mine clearance and insurance recovery to run their course.
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