{"id":330448,"date":"2026-05-07T02:11:24","date_gmt":"2026-05-06T20:41:24","guid":{"rendered":"https:\/\/ebiztoday.news\/?p=330448"},"modified":"2026-05-07T02:11:24","modified_gmt":"2026-05-06T20:41:24","slug":"strait-of-hormuz-reopening-hope-grows-after-trump-pauses-project-freedom-news-world","status":"publish","type":"post","link":"https:\/\/ebiztoday.news\/index.php\/2026\/05\/07\/strait-of-hormuz-reopening-hope-grows-after-trump-pauses-project-freedom-news-world\/","title":{"rendered":"Strait of Hormuz reopening hope grows after Trump pauses Project Freedom | News World"},"content":{"rendered":"

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Careful optimism is brewing that the troubled Strait of Hormuz could reopen (Picture: AFP\/Getty Images)<\/figcaption><\/figure>\n

Donald Trump has paused a military operation to free stranded ships off Iran as a possible peace deal emerges \u2013 giving hundreds of thousands of holidaymakers hope of a summer getaway in any case.<\/p>\n

The nine-week Middle East conflict has seen fuel prices soar due to Tehran\u2019s chokehold on the Strait of Hormuz and led to airlines scrapping planned flights to deal with shortages.<\/p>\n

Yesterday it was revealed seating capability on planes has fallen by 2 million this month, with 13,005 flights cancelled all over the world.<\/p>\n

However the US president yesterday said his Project Freedom was being placed on hold as a deal \u2013 said to based on a 14-page A4 document \u2013 was possible.<\/p>\n

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\u2018In the event that they don\u2019t agree, the bombing starts, and it should be, sadly, at a much higher level and intensity than it was before,\u2019 Mr Trump posted.<\/p>\n

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Mr Trump said previously in a post on Truth Social that the Strait of Hormuz would reopen \u2018assuming Iran agrees to provide what has been agreed to, which is, perhaps, a giant assumption.\u2019 <\/p>\n

Oil prices plunged on news of a possible deal. Brent crude, the worldwide benchmark, fell greater than 10% to below $100 per barrel. Though still well above the typical $70 before the conflict began, the autumn helped US stock markets rise.<\/p>\n

Only two merchant ships are known to have passed through the route protected by American ships and aircraft, and lots of of merchant ships remain stranded. <\/p>\n

But a shaky ceasefire had largely held, despite exchanges of fireplace, and the sinking of six small Iranian boats, because the operation within the strait began on Monday. <\/p>\n

The fastidiously optimistic situation was put to check this evening after US fighter jet fired at an Iranian-flagged ship to stop it from reaching a blockaded port, the US Central Command said. <\/p>\n

US secretary of state, Marco Rubio, has said the offensive stage of the war, Operation Epic Fury, is over.<\/p>\n

Iran\u2019s hard-line religious regime said the statements meant the US had \u2018retreated\u2019 but didn’t reply to suggestions a deal was close.<\/p>\n

Mr Trump has argued the war \u2013 which began on February 28 with a missile attack that killed Iran\u2019s leader Ayatollah Ali Khamenei, 86 \u2013 was to stop it constructing a nuclear bomb.<\/p>\n

The proposed deal is alleged to involve Iran halting all uranium enrichment for 12 to fifteen years, with extra years added if it violates terms. It could also should comply with move stockpiles of its highly enriched uranium overseas. It has claimed its stocks are for a nuclear power programme \u2013 not weapons.<\/p>\n

Mr Trump has called his predecessor Barak Obama\u2019s 2015 agreement with Iran the \u2018worst deal ever\u2019. But the brand new plan is alleged to echo it, with sanctions lifted and assets value billions step by step released.<\/p>\n

Iran\u2019s foreign ministry spokesperson Esmail Baghaei later said the proposal to finish the war is \u2018still being considered\u2019. But one other official described the plan as more of a \u2018wish-list than reality\u2019.<\/p>\n

Either side hope China can bridge the gap between them, after the repeated breakdown to date of peace talks brokered by Pakistan.<\/p>\n

Mr Trump is because of visit Beijing next week to fulfill president Xi Jinping. His country\u2019s close economic and political ties to Tehran give it unique influence.<\/p>\n

Iranian foreign minister Abbas Araghchi was there yesterday for his first visit because the US and Israel attacked.<\/p>\n

China\u2019s foreign minister Wang Yi said the conflict \u2018has not only caused serious losses to the Iranian people, but additionally had a severe impact on regional and global peace\u2019. He added: \u2018China is deeply distressed by this. We imagine a comprehensive ceasefire is urgently needed.\u2019<\/p>\n

But at a White House briefing Mr Rubio responded: \u2018I hope the Chinese tell him (Araghchi) what he must be told\u2026 that what you might be doing within the strait is causing you to be globally isolated. You\u2019re the bad guy on this.\u2019 Aviation analytics company Cirium revealed 120 flights from the UK have been axed to date this month as jet fuel prices soar.<\/p>\n

Around 20% of worldwide oil is shipped through the Strait of Hormuz, off Iran\u2019s coast. Though the figure represents only 0.53% of all departures it has cut capability by 7,972 seats. The ultimate week of May is half-term at many faculties, and a peak getaway period. <\/p>\n

Transport secretary Heidi Alexander vowed summer holiday plans is not going to face major disruption as fuel for planes is being imported from the US.<\/p>\n

But Paul Charles, founding father of travel consultancy The PC Agency, said if the conflict continues \u2018there’ll should be many more cancellations because the jet fuel supply is squeezed\u2019.<\/p>\n

Get in contact with our news team by emailing us at webnews@metro.co.uk.<\/strong><\/strong><\/strong><\/p>\n

For more stories like this, <\/strong>check our news page<\/strong>.<\/p>\n

Arrow<\/title>\n<\/use><\/svg>MORE: Doctors warn the UK could see an STI surge \u2014 here\u2019s the explanation why<\/span><\/p>\n

Arrow<\/title>\n<\/use><\/svg>MORE: Strait of Hormuz domino effect may lead to job losses within the UK<\/span><\/p>\n

Arrow<\/title>\n<\/use><\/svg>MORE: Donald Trump says he works out \u2018one minute a day max\u2019<\/span><\/p>\n

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Careful optimism is brewing that the troubled Strait of Hormuz could reopen (Picture: AFP\/Getty Images) Donald Trump has paused a military operation to free stranded ships off Iran as a possible peace deal emerges \u2013 giving hundreds of thousands of holidaymakers hope of a summer getaway in any case. The nine-week Middle East conflict has […]<\/p>\n","protected":false},"author":1,"featured_media":330449,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20691],"tags":[18455,6041,1938,35584,395,7547,4995,21981,21282,1313,813],"class_list":["post-330448","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world","tag-freedom","tag-grows","tag-hope","tag-hormuz","tag-news","tag-pauses","tag-project","tag-reopening","tag-strait","tag-trump","tag-world"],"aioseo_notices":[{"message":"The permalink for this post just changed! This could result in 404 errors for your site visitors.","status":"warning","options":{"id":"0a2ae5f84bc2c0423042ed7ec22d2e40","isDismissible":true,"actions":[{"url":"https:\/\/ebiztoday.news\/wp-admin\/admin.php?page=aioseo-redirects","label":"Add Redirect to improve SEO","class":"aioseo-redirects-slug-changed"}]},"allowedContexts":["posts"]}],"_links":{"self":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/330448","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/comments?post=330448"}],"version-history":[{"count":2,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/330448\/revisions"}],"predecessor-version":[{"id":330451,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/330448\/revisions\/330451"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media\/330449"}],"wp:attachment":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media?parent=330448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/categories?post=330448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/tags?post=330448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}