The war in Iran has effectively shut down the Strait of Hormuz, a key waterway for transporting roughly 20% of the world’s oil. As a result, ships are stuck and gas prices are climbing in the US. We look at the Trump administration’s possible solutions, and the key psychological benchmark that could push their political problem to a breaking point.

For more: The grim choice facing the Trump administration: Economic or naval collapse?

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Guests: Martín Izaguirre Salgado & David Goldman, CNN Business Senior Reporter

Host: David Rind

Producer: Paola Ortiz

Showrunner: Felicia Patinkin

Editorial Support: Vanessa Yurkevich

Photo: Joe Raedle/Getty Images

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Why Higher Gas Prices Are More Than a ‘Glitch’