Thursday, May 7, 2026
Trump puts Hormuz reopening mission on hold amid escalation risk- oil and gas 360

Trump puts Hormuz reopening mission on hold amid escalation risk

(World Oil) – The Trump administration paused a U.S. military effort to help commercial ships transit the Strait of Hormuz, shelving the plan just hours after senior officials publicly outlined how the operation would work. The proposed mission, known as Project Freedom, was designed to help reopen shipping through the vital waterway, where traffic has remained severely constrained since the