If Tehran deescalates, they cede control of Hormuz. If they escalate, their options are to hit Hormuz more. triggering more US counter strikes; or GCC energy. triggering a larger war; to use (battered) proxies like Hezbollah, triggering wider war.

United States forces launched new strikes on Wednesday against Iranian targets near the Strait of Hormuz, after President Donald Trump declared the provisional ceasefire with…

Renewed hostilities between the US and Iran have also heightened safety and security concerns around the Strait of Hormuz.

US President Trump declared the Iran truce effectively over after attacks on shipping. The United States launched retaliatory strikes on Iranian military targets. These actions…