A Thai-flagged cargo vessel was struck in the Strait of Hormuz on Wednesday shortly after departing from the United Arab Emirates, as regional tensions continue to disrupt one of the world’s most critical shipping lanes.

Attacks on ships are escalating in the Arabian Gulf as Israel and Iran both launched fresh waves of intense strikes overnight.

Even after a cease-fire, Iran is keeping a chokehold on traffic, forcing countries to cut deals that could put them at odds with the U.S.

Ship traffic through the Strait of Hormuz stood at well below 10% of normal volumes on Thursday ​despite a U.S.-Iran ceasefire as Tehran asserted its control by warning ships to keep to its territorial waters while doing so.

Cargo vessels and tanker transits through the Strait of Hormuz saw a minimal rise last week, despite Defense Secretary Pete Hegseth’s denial the waterway is facing a blockage. Shipping analysis Lloyd’s List reported Monday that recent transits still represent less than 10 percent of the average traffic.

President Donald Trump said the U.S. military would remain around Iran until a real agreement is reached and fully complied with.

Iran, the United States and Israel have agreed to a two-week ceasefire, an 11th-hour deal that headed off U.S. President Donald Trump’s threat to unleash a bombing campaign that would