The Iran war could last 'deep into 2027' as the Strait of Hormuz isn't that closed, allowing more oil to leak out—but major escalation is likely soon

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The Iran war could last 'deep into 2027' as the Strait of Hormuz isn't that closed, allowing more oil to leak out—but major escalation is likely soon | Fortune

"And if the Strait is not fully closed, Iran’s leverage is weak. Thus, Iran has reasons to escalate."