The agreement on the route map does not amount to an immediate return to unrestricted commercial navigation through the Strait of Hormuz.

Iran was on Saturday fighting a major oil spill in the Strait of Hormuz as months of war with Israel and the United States impact the key waterway, according to news reports from the country. Initial

Iran is betting that military pressure will ultimately force the United States to accept Tehran's control over the Strait of Hormuz — and that time is on its side. But its strategy carries risks.

Sejjil Missle: Solid fuel means no fueling before launch, which shortens preparation and makes the launchers harder to catch. It is road-mobile, reportedly costs around $6 million apiece, and reaches hypersonic speed on the way down.

Over the past week, the conflict between the United States and Iran has gone from a simmering tit-for-tat to something that much more resembles all-out war.

Experts weigh in on potential ground operations in Iran, which would likely aim to seize Iranian ports and islands in the Strait of Hormuz.

The United States and Iran exchanged strikes aimed at infrastructure and military targets on Saturday as their battle over the Strait of Hormuz intensified.

The Iran war has depleted U.S. weapons stockpiles, resulting in a significant erosion of firepower. A more drawn-out Iran conflict benefits Moscow and Beijing, some analysts say.

US President Donald Trump said he plans to declare the Strait of Hormuz a US territory. Follow for live news updates.