What's next for the US and Iran? An expert weighs in

The US struck Iran's coastal defences and missile sites on Wednesday (Jul 15) after reimposing a naval blockade of Iranian ports, while Iran threatened to shut off more regional energy exports, saying it was engaged in an "existential war" with America.
The strikes mark the latest escalation in the conflict, with tensions centred on the Strait of Hormuz, through which about a fifth of global oil and gas shipments passed before the war. Speaking to CNA’s Asia First, Hussein Banai, associate professor in international studies at Indiana University, discusses why he believes Iran is making a “big gamble” over the strategic waterway. Read more: https://cna.asia/44wdKt2

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