Hormuz June Recovery at 14.5% as Mine-Clearance Outlasts Ceasefire
Hormuz June recovery sits at 14.5% as of 01:20 UTC Sunday — down 2pp — as mine-clearance timelines and insurance costs outlast the ceasefire.
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The Strait of Hormuz June-end recovery contract sits at 14.5% as of 01:20 UTC Sunday, 2pp below its 24-hour opening price of 0.165, as the structural barriers that pegged it at 15.5% for days continue to erode the Yes case even as the ceasefire holds. The contract resolves Yes only if IMF Portwatch publishes a 7-day moving average of Strait transit arrivals at or above 60 for any date before June 30, 2026.
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