- Iran is pushing to control the Strait of Hormuz — possibly via a deal with Oman — which could choke about a fifth of global oil shipments and lift gas prices.
- Tehran is betting U.S. war fatigue, dwindling stockpiles and looming U.S. elections will pressure Washington to accept its leverage.
- The gamble is risky: Iran’s economy is battered, protests and internal unrest remain possible, and broader regional escalation could backfire.
The news, distilled into what matters.
Get the full experience in the app — topics, comments, and audio summaries.