The ongoing standoff between Iran and the United States has escalated into a high-stakes game of chicken, primarily focused on the Strait of Hormuz, a critical global oil passage. Since April 13, 2023, the US has imposed a naval blockade on Iranian ports, demanding a comprehensive deal before lifting the restrictions. As a result, Iran has effectively shut down the Strait, leading to a 97% decline in maritime traffic and soaring global fuel prices. Despite facing crippling economic sanctions and a projected 10% shrinkage in its economy, Iranian leaders are banking on external pressures—such as rising gas prices in the US and political turmoil ahead of the midterm elections—to compel President Donald Trump to yield. Diplomatic efforts, particularly those mediated by Pakistan, have faltered, with Trump recently labeling negotiations a “waste of time.” Both nations remain entrenched in their positions, with Iran insisting on a comprehensive framework for peace that includes war reparations and a full US military withdrawal from the region, while the US demands zero uranium enrichment from Iran. The situation continues to evolve, with both sides viewing time as a strategic ally in their respective games.