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: <a href="https://www.cnn.com/2026/03/09/business/oil-iran-strait-navy-economy">The grim choice facing the Trump administration: Economic or naval collapse?</a> 
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Guests: Martín Izaguirre Salgado &amp; David Goldman, CNN Business Senior Reporter 
Host: David Rind 
Producer: Paola Ortiz 
Showrunner: Felicia Patinkin 
Editorial Support: Vanessa Yurkevich
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After DOGE Cuts, The Government Is Hiring Again. Will Anyone Bite?

Starting August 2, 2026 all new episodes can be found over in the ⁠CNN 5 Things feed.⁠  Search "CNN 5 Things" wherever you get your podcasts.



You’ve been overwhelmed with headlines all week – what's worth a closer look? One Thing takes you beyond the headlines and helps make sense of what everyone is talking about. Host David Rind talks to experts, reporters on the front lines and the real people impacted by the news about what they've learned – and why it matters.