Iranian forces interact with merchant vessel amid Gulf tensions

Iranian forces interacted with a merchant vessel amid Gulf tensions, while another incident occurred near Duqm amid US-Iran tensions. Market data indicates an 11.5% probability for traffic normalization in the Strait of Hormuz by August 31. Additionally, Houthi attacks on shipping by August 31, 2026, are priced at 59.5% YES. These events highlight ongoing maritime security concerns and geopolitical instability involving the US, Iran, and Houthi forces within the strategic Gulf region.