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Iran, US Reach Tentative Deal to Reopen Hormuz by Easing Naval Blockade: Report

Trump paused the ship escort mission after allies requested it, while Iran created a new maritime authority to control Strait of Hormuz transit.

  • President Donald Trump announced a pause to "Project Freedom," the United States military-escorted movement of commercial vessels through the Strait of Hormuz, to encourage potential peace negotiations with Iran.
  • Amid ongoing regional hostilities including Iranian missile fire and U.S.-led retaliatory strikes, Trump emphasized that the broader U.S. naval blockade of Iranian ports remains in full force.
  • Following the announcement, international oil benchmarks Brent and West Texas Intermediate dropped below $100 a barrel, while Iranian media claimed the U.S. "buckled under the pressure of the Islamic Republic."
  • Washington is reportedly close to a "one-page memorandum of understanding to end the war," which could launch a 30-day period of talks in Geneva or Islamabad, according to U.S. officials.
  • While diplomatic discussions continued in Beijing with Iranian Foreign Minister Abbas Araghchi, Iran tightened transit rules by establishing the Persian Gulf Strait Authority, requiring vessels to submit permit requests.
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25 Articles

Al-MonitorAl-Monitor
+12 Reposted by 12 other sources
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Hopes rise for Iran deal as US halts guiding ships in Hormuz

The United States and a key mediator in the Middle East war expressed new hope of talks leading to a peace deal with Iran on Wednesday, after President Donald Trump halted a plan to guide ships through the Strait of Hormuz.The US leader cited the chance to seal a deal in pausing his so-called "Project Freedom", as positive signs grew that both sides could come back to the negotiating table after weeks of deadlock."Great Progress has been made to…

·Washington, United States
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i24NEWS broke the news on Wednesday, May 6, 2026.
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