https://www.ibtimes.co.in/iran-war-costs-hit-25-billion-jd-vance-questions-pentagon-briefings-901644
https://www.ibtimes.co.in/iran-rejects-direct-us-talks-pakistan-steps-go-between-abbas-araghchi-led-delegation-arrives-901505
Perhaps, from the beginning Israel (and the US derivatively) thought Araghchi and friends would take over to fill the void w/o Revolutionary Guard strong intervention, with that not turning out to be the case. Or with Araghchi being firmer than anticipated and the Guard stepping up, in step.
Whatever, a blockade of slow attrition seems likely, with Trump unlikely to show any easing absent the Gulf Arabs deciding to pressure to restore their cash flows. At a guess an effective blockade outside of Hormuz turning back or seizing Iranian departing ships, over time, cost substantially less than carrier group deployments with ongoing air strikes. Iran can only attain so much by launching missiles at Israel and Gulf Arab nations, with that attainment being less than breaking any ongoing blockade absent Gulf Arab states becoming uneasy. If the Saudis and allied Arab states say enough is enough during blockading, things might move to an ending vs a stagnant cease fire but with the Strait closed and Iran shipping being intercepted.
The Arab states would not want a nuclear Iran any more than Israel would, so the guess is a blockade running past the November elections; or surprisingly settled somehow via October surprise.
The Arabs are likely pissed enough to want to hold the line, but without feeling US forces based in the Gulf were all that helpful, while being Iran targets, so basing in the Gulf may be ended into the future but with US Navy blockade power being long term capable. And anti-drone low cost interception will be a booming business into the near future. Making Ukraine happy.

