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Iran attacked a Singapore-flagged cargo ship in the Strait of Hormuz on Thursday, testing last week's U.S.-Iran agreement to reopen the vital shipping lane. The strike damaged the ship's bridge but caused no casualties. It came hours after Iran warned vessels not to use routes it hadn't approved. Source: WSJ

Bloomberg, citing ship tracking data: A fourth vessel turned around after sailing towards the Strait of Hormuz from the Gulf of Oman

Bloomberg: At least three ships, including two oil tankers, turned back while attempting to cross the Strait of Hormuz via a route parallel to the coast of Oman.

UKMTO has received a report of an incident 7.5NM southeast of Dahit, Oman. A cargo vessel has been hit on the starboard side by an unknown projectile, causing damage to the bridge. Master has reported no casualties and no environmental impact. Authorities are investigating. Vessels are advised to transit with caution and report any suspicious activity to UKMTO

Iran proposes charging service fees in the Strait of Hormuz jointly with Gulf neighbors, estimating the charges could net $40 billion a year for the states involved - WSJ

The commander of Iran's Quds Force: If Israel does not voluntarily withdraw from southern Lebanon today, it will be forced to flee in defeat tomorrow.

Katz: The economic war against Iran is one of the important battlefronts for Israel's security.

Katz: Every dollar that reaches Iran could find its way to Hezbollah, Hamas, the Houthis, or their other proxies.

US Secretary of State Rubio: Hormuz tolling would set an unacceptable precedent

US Secretary of State: No country has the right to impose transit fees on the Strait of Hormuz

Rubio: Iran will not get a nuclear weapon

NATO Secretary General: Approximately 5,000 US air sorties were launched from bases in NATO countries during the war on Iran.

US Energy Secretary: Iranian mines have delayed the return of normal ship traffic in the Strait of Hormuz

Saudi Arabia is reportedly preparing to hold a reconciliation summit between Iran and Gulf Arab states in the wake of Iranian attacks on its neighbors, according to AFP citing a diplomat familiar with the preparations. According to this source, the summit aimed at restoring relations between the Gulf states, Iran, and possibly other neighboring countries in the region, is due to take place in Riyadh, while no date has been set. The diplomat added that the summit would be separate from the negotiations currently underway between the U.S. and Iran

U.S. Secretary of State Marco Rubio has finished the UAE-leg of his Middle East diplomatic tour and has set out for Kuwait. He is also set to visit Bahrain during his trip

Trump told Fox News: There is no need to rush to access Iran's nuclear materials because they are buried underground.

Reuters, citing shipping data: 35 commercial vessels are preparing to cross the Strait of Hormuz, and two cargo ships have already passed through in the past 12 hours.

Iran's Deputy Foreign Minister stated that no meeting took place with Grossi in Switzerland, despite his request. He also clarified that there is no plan to access the nuclear facilities and materials that were attacked. These issues will only be addressed and resolved within the framework of a final agreement and as a result of the other party's practical steps to lift all sanctions.

The U.S. Senate voted 50-48 to pass a concurrent resolution to limit U.S. President Donald J. Trump’s ability to resume combat operations against Iran. Four Senate Republicans voted in favor of the resolution, Susan Collins, Bill Cassidy, Lisa Murkowski, and Rand Paul. However, the measure, under the 1973 War Powers Act, is seen by some as more symbolic due to the lacking built in vehicles to ensure the Executive Branch’s compliance with the resolution and the current ceasefire tenuously holding

U.S. President Donald J. Trump announced in a post this morning on TruthSocial that he will allow the Strait of Hormuz to remain open, with no further naval blockade, but that the ships will remain in place “should it be necessary to reinstitute the Blockade, which seems, at this point, highly unlikely.” The President adds that money and sanctions on Iran being released by the U.S. Treasury, estimated to initially be around $12 billion, will be “used for the purchase of food and medical supplies, exclusively from the United States, including Corn, Wheat, and Soybeans from our great American Farmers.”

Iran's Parliament Speaker and chief negotiator Mohammad Bagher Ghalibaf met with Oman’s Foreign Minister Badr Albusaidi in Muscat to discuss the implementation of the U.S.-Iran MoU and plans for shared management of the Strait of Hormuz

Mohammad Bagher Ghalibaf: We agreed in Switzerland to release $12 billion of frozen Iranian assets.

The US Treasury Department has issued a license to Iran to sell crude oil, petrochemical products, and petroleum products until August 21.

Vance: We reached an agreement with the Qataris on a mechanism regarding frozen Iranian assets.

US Vice President: Iran must rein in Hezbollah

Vance: Israel has the right to defend itself, but within a mechanism to prevent things from getting out of control.

Vance: In our talks, we established a mechanism for de-escalation and reducing tensions in Lebanon.

US Vice President JD Vance: The Iranians have agreed to invite IAEA inspectors into their country; 'very good progress' made in talks

Iranian news agency Tasnim reports that Iranian President Masoud Pezeshkian's visit to Pakistan will take place tomorrow, Tuesday, and will last one day.

Confirmed crossings through the monitored Strait of Hormuz zone rose sharply over 19–21 June, with 71 total transits recorded. @Kpler