U.S. Aims to Free Stranded Ships in Persian Gulf Amid Strait of Hormuz Closure

President Donald Trump announced the U.S. will launch 'Project Freedom' to free civilian ships stranded in the Persian Gulf due to the closure of the Strait of Hormuz, which has disrupted global oil supply chains. The operation is set to begin on Monday, though details on how it will be executed or whether Iran will cooperate remain unclear. The closure has led to increased oil prices and supply chain disruptions.

By Garrett Downs · CNBC ·

U.S. Aims to Free Stranded Ships in Persian Gulf Amid Strait of Hormuz Closure

Topics: oil supply chain Project Freedom ship stranding Strait of Hormuz U.S.-Iran conflict

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