Sky News reports:

After warning of more 'obliteration', Trump is willing to end war 'without reopening Strait of Hormuz'

Donald Trump has told aides he would be willing to end the US military campaign against Iran even if the Strait of Hormuz remains largely closed, according to the Wall Street Journal.

Apparently the same report says:

Washington would press allies in Europe and the Gulf to take the lead on reopening the strait.

In other words: Hey EU! Listen up! Time for you - and other allies - to clean up my mess.