A fragile ceasefire agreement in the war began with bombs continuing to explode in Lebanon and contradictory statements about whether Iran will continue to control the critical Strait of Hormuz energy choke point.
But the most likely scenarios moving forward involve either Iran exerting more control over global energy markets than it did before the fighting started in March, or the current tenuous agreement merely delaying another military escalation by days or weeks, geopolitical and energy experts said.
