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

[BumRushDaShow]

Source: CNBC

Published Tue, May 5 2026 7:06 PM EDT Updated 2 Min Ago


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.

Project Freedom “will be paused for a short period of time to see whether or not the Agreement can be finalized and signed,” Trump wrote. Stock futures rose following Trump’s announcement, which raised hopes for a peace agreement that would end the U.S.-Israeli war in Iran and reopen the economically vital strait.

Trump announced Project Freedom on Sunday evening, saying the U.S. has assured countries whose vessels are stuck due to the war that it will “guide their Ships safely out of these restricted Waterways.”. The Trump administration has said that nearly 23,000 sailors on vessels representing 87 countries have been stranded in the Persian Gulf because of Iran’s de facto closure of the Strait of Hormuz.

U.S. Central Command said Sunday evening that the military would deploy “guided-missile destroyers, over 100 land and sea-based aircraft, multi-domain unmanned platforms, and 15,000 service members” to support Project Freedom. Iran has responded to Project Freedom with renewed hostility.

Read more: https://www.cnbc.com/2026/05/05/trump-iran-deal-project-freedom-hormuz-strait.html

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More market manipulation.





Article updated.

Original article -

Published Tue, May 5 2026 7:06 PM EDT Updated 2 Min Ago


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.

This is breaking news. Please refresh for updates.

[ruet]

1. ...

[FakeNoose]

2. It lasted almost 24 hours

Imagine that!

[tanyev]

13. Och, Project Freedom, we hardly knew ye.

[republianmushroom]

3. TACO Tuesday.

[ToxMarz]

14. I always forget it's Tuesday!

It's like April Fools day. Of course it is, but they still get you.

[fujiyamasan]

4. That's what this after hours market pumping is all about

[BidenRocks]

5. Our ships were in danger of sinking.

They fired for ranging yesterday. Next time is for real.

Chump thinks American assets are untouchable for some reason.
That's how easy it is to ignore losses.
They never happened.

[UpInArms]

6. Stock futures rose following Trump's announcement

Yeehaw!

I am reminded of a line from Waterworld

That will keep them rowing for weeks

[BumRushDaShow]

8. Loved that movie

despite the critics panning it.

The 'Deez...

[Prairie Gates]

7. The Italian headline

"Trump marches backwards (Trump retreats). The mission of escorting ships through the Strait is suspended. An agreement is being sought."

That's literally the top-level headline of RAI News (the Italian BBC). Trump is being humiliated on the world stage. Embarrassing for all of us.

[bluestarone]

9. So when will we hear the real reason?

Something happen?

[Renew Deal]

12. The real reason is market manipulation

Iran has continuously offered to make a deal (on their terms). Trump has continuously lied about his willingness to make a deal.

[70sEraVet]

21. "one day after the operation began"

Let me guess -- none of the stranded ships ventured into the Strait to see if trump could (or would) protect them from Iranian attacks.
He threw a 'Protection' party, and nobody came!

[samsingh]

10. absolute bullshit and not believable

[Renew Deal]

11. Same old market manipulation

He'll do anything for short term relief.

[Talitha]

15. If my Dad were alive he'd say

"That damned fool doesn't know his ass from a hole in the ground."

PS
Dad, I know you're 'up there'...
Please ask Him to push the SMITE button, ok?

[Wonder Why]

16. And yesterday was Cinco de Mayo. Or was it Sinko de TACO.

[niyad]

20. ummm, today is still Cinco de Mayo, and TACO Tuesday here. Where

are you located?

[artemisia1]

17. CORRECTION: "Cites Iran progress in missile development and ship interdiction..." /nt

[Martin68]

18. Trump is floundering, and the entire world is suffering the consequences.