Hormuz June YES Slides to 13.5% as Mine-Clearance Math Holds
The Hormuz June-normalization YES is at 13.5% on Friday, down 9 points in 24 hours, as mine-clearance timelines foreclose any end-of-month recovery.
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The Strait of Hormuz's June 30 normalization contract slipped further from its Thursday ceiling, printing 13.5% at 03:47 UTC Friday after accumulating a 9-point session loss. The contract opened Thursday at a 24-hour high of 22.5% before cascading to a 12.5% floor by mid-afternoon; a partial recovery to 15.5% faded overnight, and YES has twice touched 13.5% in Friday's early hours.
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