The probability of the Strait of Hormuz returning to normal operations before June 30 has decreased to 25%, according to Odaily Seer monitoring. This marks a 25% decline over the past week, with the total trading volume for this event nearing $12 million. The event's resolution depends on the IMF Portwatch reporting a 7-day average of at least 60 vessel arrivals at the strait by the deadline. Recent tensions include U.S. and Iranian forces clashing near the strait, although Trump expressed optimism about ongoing negotiations for an interim peace agreement with Iran. The discussions involve complex issues such as Iran's uranium stockpile and potential mine clearance to reopen the strait.