Stalemate in the Strait of Hormuz: A Deal Unlikely to Flow from Chaos The war between Iran and the United States has entered its eighth month, far surpassing President Donald Trump's initial prediction that it would be over in four to five weeks.
Diplomatic efforts have stalled, with a critical meeting between Gulf states and Tehran on reopening the Strait of Hormuz postponed.
The capture of Perim Island by Houthi rebels in the Bab el Mandeb Strait has added to the chaos, putting further pressure on global oil markets.