Iran controlling Hormuz could outlast the current fight and ignite the next Gulf showdown

The Strait deal may survive even if fighting stops

Iran now controls passage through the Strait of Hormuz, a move that could persist long after the present conflict ends. Gulf exporters and buyers fear Iran could dictate oil and gas flows, raising price and supply risks. The United States is pushing back against the shift, while the wider region watches to see who gains lasting control of the world’s key chokepoint.