Mine-Clearance Gap Bars July 15 Hormuz YES at 30.5%
The July 15 Hormuz recovery market sat at 30.5% at 06:02 UTC Saturday, down 11 percentage points from Friday's open, as mine-clearance timelines far exceed the remaining contract window.
The Strait of Hormuz July-15 recovery market sat at 30.5¢ at 06:02 UTC Saturday, down 11 percentage points from its 0.415 Friday open, far below the even-money odds Orakll found on the longer-dated July 31 contract just hours earlier. The contract drew $335,604 in 24-hour volume, part of $4.39 million in lifetime volume since launch on June 13.
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