Mystery Strike on Ship Undermines Trump's Iran Deal on Strait of Hormuz

An unidentified projectile hit a cargo vessel near Oman on June 25, days after Trump announced a U.S.-Iran agreement to reopen the Strait of Hormuz. No group claimed responsibility, but the strike contradicts the deal's premise of reduced risk. War-risk insurance premiums remain elevated, signaling that maritime markets still see the waterway as volatile, not yet stable.