Mine-Clearance Clock Holds Hormuz July YES at Even Money
The Strait of Hormuz July 31 recovery market prices at 48.5% Tuesday morning, as a two-month mine-clearance estimate runs against a 38-day deadline.

The Strait of Hormuz July 31 recovery contract sits at 48.5% as of 09:08 UTC Tuesday — up 5pp from the session open of 0.435 at 09:09 UTC June 22 — continuing the contested standoff documented in today's earlier coverage of Swiss-hosted talks. Volume in the past 24 hours reached $524,438, reflecting sustained two-sided interest in whether physical and financial barriers to Hormuz normalization clear by July 31.
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