Mine-Clearance Timeline Anchors Hormuz July YES at 48.5%
Hormuz July 31 YES priced at 48.5% as of 03:30 UTC Tuesday, up 8pp overnight, as mine-clearance timelines cap the peace-accord catalyst.
The Hormuz July 31 YES contract priced at 0.485 as of 03:30 UTC Tuesday (June 23) — up 8pp from its 0.405 session open at 03:31 UTC June 22 — after the Swiss safe-passage mechanism sparked an overnight burst of YES buying that briefly touched the 0.515 session high (15:19 UTC June 22). Supply-chain intelligence then capped conviction, pulling the market back to settle at 0.485. The market logged $542,931 in 24-hour volume against a $7.86 million lifetime total.
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Economics Mine-Clearance Gap Drags Hormuz July YES to 46.5%
Hormuz July YES at 46.5% at 15:20 UTC Tuesday, down 5pp, as mine-clearance timelines and war-risk insurance hold recovery below even money.
5¢implied▼−3.0 ptsFiled June 23, 2026
Economics 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.