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  1. Abstract The free boundary problem for a two‐dimensional fluid permeating a porous medium is studied. This is known as the one‐phase Muskat problem and is mathematically equivalent to the vertical Hele‐Shaw problem driven by gravity force. We prove that if the initial free boundary is the graph of a periodic Lipschitz function, then there exists a global‐in‐time Lipschitz solution in the strong sense and it is the unique viscosity solution. The proof requires quantitative estimates for layer potentials and pointwise elliptic regularity in Lipschitz domains. This is the first construction of unique global strong solutions for the Muskat problem with initial data of arbitrary size. 
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