A cargo ship, part of a United Nations-backed route through the Strait of Hormuz, was hit by a projectile on Thursday. The British military reported the incident off the coast of Oman, noting that the vessel sustained damage but there were no casualties or environmental impact. This attack occurred hours after Iran, through its state-run IRNA news agency, warned vessels against using the newly established route without Tehran's permission, calling it "unacceptable and completely dangerous." Several tankers, including the Stoic Warrior, Maersk Baltimore, and the shipping, had just used this new route, which was laid out by Oman and the International Maritime Organization.

The incident comes amidst sensitive negotiations between the U.S. and Iran regarding an interim peace deal. U.S. Secretary of State Marco Rubio, currently on a visit to the Gulf, reinforced Washington's commitment to the new route and ensuring the safe transit of ships. The U.S. and Iran have a 60-day window, following a memorandum of understanding signed last week, to finalize the details of a deal that includes issues from Strait of Hormuz passage to Iran’s enriched uranium stockpile. President Trump and Iranian leaders have been publicly negotiating, with Trump threatening to end talks if Iran imposes tolls on ships in the Strait, a claim Iranian officials reportedly denied to Washington.

Contradictory claims have emerged regarding the Strait's future administration and potential fees. While Trump insists on "NO TOLLS, NO INSURANCE COSTS, & NO OTHER CHARGES OF ANY KIND," Iran's chief negotiator, Mohammad Bagher Ghalibaf, stated that the administration of the Strait of Hormuz "will never go back to the way it was before the war." Iran and Oman are set to discuss the future administration and associated costs "in line with international standards." The memorandum of understanding (MOU) calls for toll-free passage for 60 days, after which Iran and Oman will define its future administration. This MOU, which includes unfreezing up to $24 billion in Iranian funds and providing $300 billion for economic development, has been criticized for offering Iran significantly more than Obama's nuclear pact and for implicitly recognizing Iran's control over the strategic chokepoint, potentially enabling it to charge fees that could generate billions annually.