Recent U.S.-Iran tensions center on airstrikes, naval actions, and Strait of Hormuz disputes rather than ground operations. Following the February 2026 launch of joint U.S.-Israeli strikes under Operation Epic Fury, which targeted Iranian military infrastructure and leadership, subsequent ceasefires and the June Islamabad Memorandum emphasized de-escalation through limited force and mediation. Renewed exchanges in July over shipping routes prompted additional U.S. strikes but avoided large-scale troop commitments. High logistical demands, munitions constraints, and focus on air-naval pressure to address nuclear and missile capabilities sustain trader consensus against a U.S. invasion before 2027, consistent with ongoing diplomatic efforts and historical patterns favoring targeted operations over full-scale occupation.