Iran and the Straits

The reports circulating in the news sites about Iran closing the Strait of Hormuz and also the Bab-el-Mandeb Strait are a catastrophe by all measures if they actually happen. This would cause a paralysis of the global economy and a collapse of the markets, as most of the world's oil needs pass through these two straits. This would lead to record high oil prices and the subsequent rise in the prices of goods and services, pushing the global economy into an unprecedented recession. Given these facts, there are two possible directions, with no third option. Either the United States officially enters the war and ends the Iranian regime entirely, but this is linked to the speed of execution, or if the removal of the regime takes a long time, the United States will resort to pressing both countries in various ways for an immediate halt to the war so that it does not end in a global recession that consumes everything.