Recent U.S.-Iran military operations, including the February 2026 joint airstrikes that initiated the broader conflict and subsequent naval actions around the Strait of Hormuz, have centered on precision strikes, air defenses, and limited escort missions rather than large-scale ground deployments. A June memorandum of understanding and intermittent ceasefires, followed by resumed vessel strikes in July, reflect ongoing brinkmanship and diplomatic tracks involving mediators, yet U.S. forces have prioritized air and naval postures over invasion planning. With only months remaining before 2027, trader consensus at 83.5% for "No" aligns with the absence of announced ground force buildups or official statements signaling regime-change operations, consistent with historical patterns of calibrated responses to Iranian proxy and maritime threats.