The world economy is being held hostage by the de facto closure of the Strait of Hormuz, which has led to high gasoline, jet fuel and diesel prices. President Donald Trump has suggested that the US military should abandon the war against Iran and allow others to clean up the mess. However, energy market experts have dismissed this idea, stating that it would create more long-term problems than it solves in the short term. They also fear that Iran will increase energy prices if left in control of the strait. The potential solution lies in the United States, which is more insulated than countries in Asia and Europe that rely heavily on the Strait. Oil market veterans stress that the supply disruption requires a resolution to the effective shutdown of the crucial waterway.