President Trump Pauses 'Project Freedom' Amid Progress in U.S.-Iran Talks
President Trump has announced a temporary pause on 'Project Freedom', a U.S. military operation aimed at guiding commercial ships through the Strait of Hormuz. This decision comes just one day after the operation began, as Trump cited significant progress towards a potential agreement with Iran. The announcement was made via a Truth Social post, where Trump expressed optimism about reaching a 'Complete and Final Agreement' with Iran. This development coincides with China's diplomatic engagement with Iran, as Chinese Foreign Minister Wang Yi met with Iran's Foreign Minister Abbas Araghchi in Beijing. The meeting marks the first high-level contact since the U.S.-Israel conflict with Tehran began. Meanwhile, South Korea's Kospi index has surged over 70% this year, driven by a significant rise in Samsung shares, which have pushed the company's market capitalization past $1 trillion.