Iran's "Wait for Change" + "Draw China Into the Water" Strategy.
On one hand: continuously controlling the strait, driving up oil prices, putting economic pressure on the US and its allies.
On the other hand: actively trying to draw China into the fray, including possibly allowing Chinese ships through or threatening to settle in Chinese yuan.
Meanwhile, the US is investigating whether China has been financing Iranian missile parts and other materials, while Iran hopes China gets caught up in it all—the more chaotic, the more opportunities for Iran.
Iran's "Wait for Change" + "Draw China Into the Water" Strategy.
On one hand: continuously controlling the strait, driving up oil prices, putting economic pressure on the US and its allies.
On the other hand: actively trying to draw China into the fray, including possibly allowing Chinese ships through or threatening to settle in Chinese yuan.
Meanwhile, the US is investigating whether China has been financing Iranian missile parts and other materials, while Iran hopes China gets caught up in it all—the more chaotic, the more opportunities for Iran.
A Three-Way Battle Royale