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President Trump has announced a naval mission named Project Freedom to assist stranded ships in the Strait of Hormuz, currently under Iranian control. The operation is set to begin on Monday amid ongoing tensions and a de facto blockade by Iran.
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United States President Donald Trump has announced a naval mission called Project Freedom to help navigate stranded ships through the Strait of Hormuz, which remains under a de facto Iranian blockade. The operation will start on Monday, the US president says.
Iran took control of the Strait of Hormuz, through which one-fifth of global oil and liquefied natural gas supplies pass, days after the US and Israel launched attacks on Iran on February 28.
Despite Trump’s announcement, oil prices have failed to ease as the international benchmark Brent crude was essentially flat on Monday morning.
In response to Trump, top Iranian lawmaker Ebrahim Azizi said any US interference in the strait would be considered a violation of the ceasefire.
Here is what we know as the conflict enters day 66:
Project Freedom is a naval mission aimed at helping navigate stranded ships through the Strait of Hormuz.
The Strait of Hormuz is crucial as it facilitates the passage of one-fifth of the world's oil and liquefied natural gas supplies.
Iranian lawmaker Ebrahim Azizi stated that any US interference would be viewed as a violation of the ceasefire.
Despite Trump's announcement of Project Freedom, oil prices have remained flat and have not eased.

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