The Strait of Hormuz will remain closed indefinitely because Iran controls it, no sustainable deal is likely, and economic pressure will not make Iran cave. This keeps oil supply disrupted and prices elevated, hurting the global economy.
The U.S. has drawn down high-value precision munitions and needs to rebuild its military industrial base; cheaper systems such as drones are being used more widely, and a defense budget request over $1 trillion is pending. This supports sustained demand for U.S. defense production and drone alternatives.