US military confirms it will launch ‘Project Freedom’ to secure transit in Strait of Hormuz

The US military will deploy forces under President Trump’s ‘Freedom Project’ to support the free transit of ships through the Strait of Hormuz. US Navy ships will be positioned nearby if needed to prevent Iranian military targeting of commercial vessels, and will guide ships on the safest maritime routes. This move comes amid ongoing disruptions at the Strait of Hormuz, causing sharp price increases in global energy and industrial commodity markets.