Mine-Clearance Timeline Anchors Hormuz Recovery at 19.5%
The Hormuz traffic-recovery contract sat at 19.5% as of 14:00 UTC Saturday, pulling back from a 23% session high as mine-clearance timelines and war-risk insurance premiums cap any ceasefire-driven upside with 17 days until June 30.
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The Strait of Hormuz traffic-recovery contract is priced at 19.5% as of 14:00 UTC Saturday — down from a session high of 23% as regional diplomacy drives repeated spikes that structural barriers just as repeatedly cap. The contract opened at 14.5% on Friday at 14:01 UTC and has traded $914,211 in 24-hour volume with 17 days until the June 30 resolution date.
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