The Strait of Hormuz has been effectively closed since March because of the U.S. and Israeli war with Iran, and the months since then have been plagued by questions about how long transit through the key waterway will remain obstructed. Since the closure began, many analysts have assumed that the resulting economic disruption would be too significant for the political systems of the United States and/or Iran to ignore for the rest of the year. However, some of the key players in the war are starting to suggest there won't be an imminent resolution to the crisis, with U.S. President Donald Trump on June 2 speculating that the strait might remain shut through Labor Day, which falls on Sept. 7. As the war drags on, it is growing increasingly possible that the closure will last even longer, potentially through the U.S. midterm elections in November and into 2027, when a...
