Why Iran insists on controlling the Strait of Hormuz

Tensions between the U.S. and Iran have escalated as a ceasefire agreement regarding the Strait of Hormuz collapses. Both nations are accusing each other of violating the memorandum of understanding, leading to military strikes and the reimposition of sanctions.
The memorandum of understanding (MoU), signed by the U.S. and Iran on June 17, promising to extend the ceasefire and launch talks on Iran’s nuclear programme and Western sanctions, is falling apart. U.S. President Donald Trump has declared that the “ceasefire is over”. According to Tehran, parts of the MoU have been rendered “ineffective” by American actions. Both sides have accused each other of violating the MoU.
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