and Iran has effectively choked off nearly all exports through the Strait of Hormuz, where 20 percent of the world’s traded oil passes in peacetime, with no end in sight.President Trump says Americans may be paying a higher price for fuel but in exchange Iran will not have nuclear weapons.In an exchange with reporters in the Oval Office, President Trump has said the war will continue for a "little while" longer. TRUMP:"Vietnam And if they don't want to make a deal, then I'll finish it up militarily with the other 25 percent of the targets