US launches 'Project Freedom' to escort neutral vessels from Strait of Hormuz

US President Trump announced the launch of 'Project Freedom' to escort neutral foreign vessels safely through the Strait of Hormuz, citing humanitarian concerns. This initiative follows the submission of a revised draft agreement in response to Iran's latest proposal and comes amid concerns over recent attacks on tankers in the region. The announcement is occurring alongside Iranian warnings of a ceasefire violation if the US becomes involved in the waterway.