Many analysts believe that Trump will try to end the conflict quickly because he does not want oil prices to spike, which would lead to soaring inflation in the US.

In reality, oil prices in the US are less affected by the conflict around the Strait of Hormuz.
With the world's top oil refining technology, the US is the exporter of light (high-value) oil and imports heavy (very cheap) oil with the largest production globally, reaching up to 13.7M barrels/day.
The two largest crude oil exporters to the US alone account for many times the total of other countries combined (Unit: Barrels/day - bpd):
🇨🇦 Canada: 4,068,000
🇲🇽 Mexico: 465,000
🇸🇦 Saudi Arabia: 273,000
🇻🇪 Venezuela: 228,000
🇧🇷 Brazil: 218,000
🇨🇴 Colombia: 213,000
🇮🇶 Iraq: 198,000
Canada and Mexico are right next door, so the supply pressure from the Strait of Hormuz has never been an issue for the United States.