Senator Murphy says Trump lost Iran war, may accept narrow Strait deal

If the U.S. accepts a narrow Strait of Hormuz reopening deal without addressing Iran's nuclear program, shipping costs, energy prices, and global supply chains could stabilize or normalize, but Iran's nuclear enrichment capabilities would remain unrestricted. The Strait currently handles restricted traffic (33 vs. 130–140 vessels daily pre-conflict), and gasoline prices have risen over $1 per gallon since hostilities began. A settlement focused only on maritime access would affect oil markets, consumer energy costs, and insurance/shipping route economics, while leaving unresolved the stated U.S. objective of limiting nuclear material enrichment. Senate funding for ammunition replenishment and bipartisan sanctions legislation (passed late July) indicate congressional willingness to shift strategy if transit reopens.