Iran's efforts to assert control over the Strait of Hormuz amid the fragile post-conflict environment with the United States and Israel have driven recent trader focus on shipping incidents. On June 25, Iranian forces struck a cargo vessel transiting the strait with a projectile. More significantly, reports from July 7 indicate Iranian Revolutionary Guard Corps missile or projectile strikes on at least three commercial vessels, including a Singapore-flagged cargo ship, a Qatari LNG tanker, and a Saudi crude tanker, resulting in fires, damage, and elevated maritime risk alerts. These actions occurred despite a June 17 memorandum of understanding aimed at de-escalation and reopening the waterway, prompting U.S. strikes on Iranian missile and drone facilities in response. Ongoing U.S. naval blockade measures and Iranian threats to disrupt transit continue to shape assessments of further incidents through the summer.