Hormuz June Contract at 17.5% as Mine Clock Overpowers Peace-Deal Bounce
The Strait of Hormuz recovery YES contract is at 17.5% as of 09:06 UTC Tuesday—down 12pp in 24 hours—with mine-clearance timelines of up to six months and 1–4% per-transit insurance premiums locking out a June resolution.
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The Hormuz-recovery YES contract trades at 17.5% as of 09:06 UTC Tuesday, shedding 12pp on the day, as earlier Orakll mine-clock analysis of the structural barriers reprices the market further downward. The Iran peace accord has removed the political blockage; it has not cleared the mines, nor brought insurance rates back to navigable levels.
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