The President’s comments come amid signs the jump in fuel prices triggered by the effective closure of the Strait of Hormuz is hurting consumers and businesses.

Brent Crude fell by over five per cent on Monday on news of progress between Iran and the US in peace negotiations.

The President’s comments come amid signs the jump in fuel prices triggered by the effective closure of the Strait of Hormuz is hurting consumers and businesses.

By Matt SpetalnickWASHINGTON, May 28 (Reuters) - President Donald Trump finds himself in a bind as he seeks to end the war against Iran: he is under pressure to reopen the Strait…