The IRGC hit a Singapore-flagged Evergreen vessel with a drone strike, rattling oil markets and raising questions about a recent US-Iran ceasefire deal.
On June 25, 2026, Iran’s Islamic Revolutionary Guard Corps struck the Ever Lovely, a Singapore-flagged container ship operated by Taiwan’s Evergreen Marine, roughly 7.5 nautical miles southeast of Oman’s Dahit port. The drone or projectile hit the vessel’s starboard side, damaging the bridge. No crew members were reported injured.
Despite the attack, shipping traffic through the Strait of Hormuz continued largely without interruption in the days that followed.
What actually happened
The Ever Lovely was transiting the Gulf of Oman when it was struck on its upper deck and bridge area. US officials and maritime tracking organization UMKTO both attributed the attack to Iran.
The timing is what makes this particularly awkward for Tehran. The strike came shortly after a US-Iran ceasefire deal that was, at least on paper, designed to produce safer maritime passage through the region. President Trump publicly condemned the attack, calling it a “foolish violation” of that agreement.
Iran had issued warnings ahead of the incident, cautioning ships against using what it described as unsanctioned transit routes.
Oil markets flinched, crypto stayed quiet
Crude oil prices rose approximately 2% in the immediate aftermath of the strike. Roughly 20% of the world’s seaborne oil passes through that corridor.
Iran has explored using digital assets, including Bitcoin, as part of its strategy to work around Western financial sanctions. One initiative, a platform called Hormuz Safe, floated the idea of collecting transit tolls in crypto from ships passing through Iranian-influenced maritime corridors.
