Hormuz June Recovery at 15.5% as Pentagon Mine Timeline Outlasts Ceasefire

The Strait of Hormuz end-of-June traffic recovery contract trades at 15.5% as of 03:19 UTC Thursday, down 5 percentage points from its 20.5% session open after touching a session low of 14.5%, as traders continued to mark down the odds that IMF Portwatch's 7-day moving average of transit calls can reach the 60-per-day threshold before June 30. As Orakll reported at 01:12 UTC, physical logistics bottlenecks are proving more durable than diplomatic de-escalation alone.

Hormuz June Recovery at 15.5% as Pentagon Mine Timeline Outlasts Ceasefire

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