Trump pauses Project Freedom as Washington tests opening for Iran deal

President Trump has paused the US effort to help trapped ships leave the Strait of Hormuz, signaling a potential opening for negotiations with Iran aimed at securing a broader agreement to end the war. The US will maintain its blockade on shipping to and from Iranian ports while reassessing the diplomatic prospects. Market reaction was mixed, reflecting both relief over potential de-escalation and uncertainty about the specifics of any potential deal.