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This article left the live edition on June 18, 2026 at 2:03 AM. Prediction market lines move quickly, so treat it as archive context rather than current coverage.
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The president paused the naval escort operation on May 6 to pursue a deal with Iran but has since considered reviving it with a broader scope.
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Trump Weighs Restarting Project Freedom With Expanded Hormuz Mission
President Donald Trump paused Project Freedom, the U.S. naval and air escort mission through the Strait of Hormuz, on May 6, 2026, just two days after it launched. Trump announced the halt via social media, saying he wanted to allow time for negotiations with Iran on a broader agreement.
The operation, originally launched on May 4, was designed to protect commercial vessels passing through the strategic waterway amid heightened tensions with Iran. The pause came as Trump expressed hope for a diplomatic resolution.
By May 11, reports emerged that Trump was considering reviving Project Freedom with an expanded mission that could extend beyond the Strait of Hormuz. No official restart announcement has been made as of June 11.
The initiative remains on hold while the administration weighs its next steps. The possibility of a restart has drawn attention as the June 30 deadline for a potential announcement approaches.
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Earlier this weekThe market resolution relies on the official classification, with Switzerland emerging as the leading location.
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The president announced conditions for ending the naval operation, but formal lifting has not yet occurred amid ongoing negotiations with Iran.
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Negotiators reached a 60-day truce extension on May 28, but the final announcement remains uncertain without the President's sign-off.