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

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

Source: [Fortune](https://fortune.com/2026/08/23/iran-war-outlook-2027-strait-of-hormuz-oil-exports-blockade-oman-corridor-escalation/)