Swiss Talks Begin as Hormuz July YES Holds at 48.5%
The July 31 Hormuz normalization contract holds at 48.5% Tuesday with technical demining talks beginning in Switzerland and CENTCOM reporting 55 daily transits.
As of 06:35 UTC Tuesday, the Polymarket contract tracking Strait of Hormuz normalization by July 31 prices at 48.5% — up 8pp from its session floor of 0.405 — pinned at that level for more than nine consecutive hours despite the Islamabad MOU ceasefire. The book shows a 1pp spread (0.48 bid / 0.49 ask) with a 444,188-share wall sitting at 0.47.
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