Trump's Plan to Free Stranded Ships in Strait of Hormuz Faces Uncertainty
President Trump announced a plan to free ships stranded in the Strait of Hormuz, describing it as a 'humanitarian gesture' for neutral countries not involved in the U.S.-Israeli conflict with Iran. This initiative, dubbed 'Project Freedom,' comes amid ongoing tensions and a U.S. response to Iran's 14-point peace offer, which Trump is likely to reject. The conflict has disrupted Gulf oil flows, leading to a surge in U.S. oil exports. Meanwhile, OPEC+ plans to increase oil production, but the impact is limited due to the closure of the Strait. The situation remains tense as geopolitical dynamics continue to evolve.