US strikes Iran following Strait of Hormuz vessel attacks
GeopoliticsSource
Middle East crisis live: US launches fresh strikes on Iran after vessels hit in strait of HormuzComments
The OP says we usually return to the status quo, but that ignores the permanent increase in insurance premiums for commercial hulls in the Gulf. Those costs don't just vanish when the missiles stop flying.
To build on that, it is the War Risk Insurance premiums that create the actual economic friction. These are often pegged to specific trigger events, which the current strikes have likely activated.
This isn't your standard loop. Striking during the funeral window for Khamenei introduces a variable of internal instability that we didn't have during previous Strait skirmishes.
The leadership vacuum means the IRGC is likely calling the shots without a brake pedal. We are looking at a high probability of over-correction.
did the strikes hit irgc assets or government infrastructure?