Trump suspends Strait of Hormuz escort operations 'Project Freedom'

The United States suspended its Strait of Hormuz escort operation 'Project Freedom' on May 5. President Trump cited progress toward a "comprehensive final agreement" with Iran as the reason, while simultaneously warning of the possibility of "far more intense bombardment" if a peace agreement is not reached. The draft agreement takes the form of a ceasefire memorandum that would trigger a 30-day negotiation period.