Abstract As of 18 March 2026, the highest-confidence primary-source picture is not one of simple battlefield exchange, but of a fast-moving struggle over war termination, regional deterrence, and the future operating rules of the Strait of Hormuz. The official Iranian Ministry of Foreign Affairs record of Foreign Minister Abbas Araghchi’s phone call with UN Secretary-General … Leggi tutto The Hormuz Threshold: War Termination, Maritime Coercion and Systemic Escalation in the March 2026 U.S.–Iran Regional Conflict