Vessel Backlog and 4,000× Insurance Premiums Hold Hormuz June Contract at 15.5%
The June-end Hormuz recovery contract sat at 15.5% at 08:34 UTC Thursday, down 5pp from its session open, as ~412 trapped vessels and prohibitive war-risk costs block normalization.
Market data temporarily unavailable
- Contract
- Condition
The June-end Strait of Hormuz recovery contract held at 15.5% as of 08:34 UTC Thursday — down 5pp from its 20.5% session open and just 1pp above its 14.5% intraday low — with 26 days remaining for IMF Portwatch to record a 7-day moving average of 60 or more transit calls.
¶Why now
Orakll Subscriber
The rest of this story is for subscribers
The tape reads, the counter-view, and the priced-in math are for subscribers. Subscribe to read on.
Quant Dashboard
See where liquidity is positioning
Screener, order-book depth, correlation heatmap, and whale concentration — live.
Agent tokens
Wire your trading agent in 30 seconds
One URL + Bearer token into Claude Code, Cursor, or ChatGPT. Seventeen read tools.
Full articles
Read every story in full
The complete tape read, counter-view, and priced-in math on every report.
Read next
Economics Mine Backlog Outlasts Ceasefire; Hormuz Recovery Holds at 9.5%
Hormuz normalization trades at 9.5% as of 07:18 UTC Tuesday, June 9, having briefly touched 11.5% at 11:47 UTC Monday before sellers reasserted.
Filed June 9, 2026
Economics Mine Backlog and Stranded Fleet Anchor Hormuz June Recovery at 21.5¢
The June-end Hormuz recovery contract holds at 21.5% on Tuesday evening as mines, stranded vessels, and insurance gaps defy the ceasefire.
Filed June 2, 2026
Economics June Hormuz Recovery at 22.5¢ as 4-Vessel Days Persist
The June-end Strait of Hormuz recovery contract sits at 22.5% late Monday, bounced from a 15.5¢ session floor, with traffic at 4% of pre-crisis levels leaving the IMF threshold unreachable.