Hormuz June YES Crashes to 9.5% as Mine-Clearance Wall Holds
The Strait of Hormuz June-30 recovery contract has fallen to 9.5% as of 07:25 UTC on June 19, down 9pp in the 24-hour window, as mine-clearance timelines overwhelm the US-Iran peace deal's momentum.
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The Hormuz June-30 recovery market — which resolves YES only if IMF Portwatch records a 7-day moving average of transit calls at or above 60 before June 30 — is trading at 9.5% as of 07:25 UTC on June 19, down 9 percentage points from the 24-hour window open of 18.5%. With eleven days to the Tuesday deadline, the contract is pricing a near-certain NO.
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