Scoopfeeds — Intelligent news, curated.
business

Trump pauses U.S. bid to guide ships out of Strait of Hormuz, cites Iran deal progress

CNBC · May 5, 2026, 11:29 PM · Also reported by 4 other sources

Key takeaways

  • Livestream Menu Make Itselect USAINTLLivestream Search quotes, news & videos Livestream Watchlist SIGN INCreate free account Markets Business Investing Tech Politics Video Watchlist Investing Club PROLivestream Menu
  • President Donald Trump said Tuesday he is pausing "Project Freedom," the U.S. military's effort to guide commercial ships out of the Strait of Hormuz, one day after the operation began.
  • Trump, in a Truth Social post, said the decision was based in part on "the fact that Great Progress has been made toward a Complete and Final Agreement" with Iran.

Livestream Menu Make Itselect USAINTLLivestream Search quotes, news & videos Livestream Watchlist SIGN INCreate free account Markets Business Investing Tech Politics Video Watchlist Investing Club PROLivestream Menu

President Donald Trump said Tuesday he is pausing "Project Freedom," the U.S. military's effort to guide commercial ships out of the Strait of Hormuz, one day after the operation began.

Trump, in a Truth Social post, said the decision was based in part on "the fact that Great Progress has been made toward a Complete and Final Agreement" with Iran.

Article preview — originally published by CNBC. Full story at the source.
Read full story on CNBC → More top stories

Also covered by

Aggregated and edited by the Scoop newsroom. We surface news from CNBC alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop