Reported attacks on vessels in or near the Strait of Hormuz have reached a record high, with both the U.S. and Iran claiming control over this critical shipping route. Recent incidents include the sinking of a Singapore-flagged cargo ship and the igniting of multiple oil tankers, raising concerns over maritime safety and oil export recovery. Despite the surge in hostilities, Gulf oil flows remain consistent. Analysts indicate that Iran is ramping up its tactics against shipping in anticipation of significant geopolitical events, further complicating the already volatile situation in the region.