Trump says U.S. will guide trapped ships through Strait of Hormuz, as gas prices surge

President Trump announced that the U.S. will guide trapped ships through the Strait of Hormuz while maintaining the U.S. blockade on Iranian ports. This comes as gas prices in the U.S. have surged by 35 cents in the past week due to the waterway's impact. Concerns are growing regarding the impact on U.S. oil prices.