The funeral procession of Iran’s late Supreme Leader Ayatollah Ali Khamenei, killed in U.S.-Israeli airstrikes, wound through major holy cities across the region last week. The mourners, traditionally clad in black, carried red banners conveying a clear message: The regime is seeking vengeance.

The apparent collapse of a fledgling ceasefire and renewed hostilities between the U.S. and Iran chart a troubling course for the region. Iranian leaders are seeking to reassert leverage, and that strategy may depend less on uranium enrichment and centrifuges than on control of the narrow strip of water that has become one of the conflict’s most consequential flashpoints.

Mohammad Ayatollahi Tabaar, Baker Institute Fellow for the Middle East, joins Ambassador David M. Satterfield to discuss how one critical week could mark a turning point for Iran and the broader region.

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This conversation was recorded on July 10, 2026.

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