I wonder how the war in Iran is going to go.
It seems to me like the Iranians are stringing along POTUS. He keeps saying a deal is close and then a deal keeps not happening. And it seems like they benefit more from stalling/delay than he does; their economy is suffering sure but not in a way that threatens their power, whereas gas prices being high and headlines being about war both hurt Trump in the midterms, and will hurt more and more the closer the midterms get. Moreover the ceasefire lets them unearth their buried tunnels and probably smuggle more weapons in from Russia etc, whereas US military might isn't significantly increasing over time. (Counterpoint: Gulf state air defense networks are probably rapidly improving thanks to Ukrainian aid)
Perhaps this will end with POTUS realizing this and bombing bridges and power plants etc.? I doubt that would cause Iran to capitulate though, it would probably keep this current simmering war simmering even longer.
Could do a ground invasion, but that's super risky, I genuinely don't think the US military could pull it off without large casualties. (partly because FPV drones.... otoh, Iran can probably use FPVs easily against US bases in Iraq via their proxies, and they are in fact doing this a little bit, so maybe they just don't have that many drones otherwise they'd be doing it a lot more? Or maybe they are holding back in reserve to fend off invasion.)
So I guess the thing that seems most likely to me is that three months from now the situation still looks like today: Not much fighting, but enough to scare away shipping, with Hormuz traffic less than half of pre-war levels and gas prices still higher than usual.
What about a year from now? Could this possibly go on that long? I don't know. I guess to find out I'd want to learn more about how much the Iranian economy is suffering vs. whether oil prices would rise even more after six months of this. Overall seems plausible to me though. Didn't the Houthi's basicall