The US could do pretty much whatever it wants with Iran tbh. Iran’s entire navy is sunk. They have no functional air force. There’s also the obvious way to straight up finish them off, but the cost to Iran’s civilian population would be enormous and it would be unprecedented.

Then why did the US surrender just now instead of finishing the job? They have agreed to all of Iran's terms and imposed no terms of their own. And ships still aren't passing the Strait of Hormuz - why is that, if Iran has no military capabilities?