Story perspectives
Trump Pauses Project Freedom Amid Iran Blockade, Gas Prices Surge
5/7/2026
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Trump Pauses Project
- President Donald Trump paused Project Freedom to allow diplomacy as Pakistan-mediated talks progressed.
- U.S. forces maintain a naval blockade of Iranian ports and fired on an Iranian-flagged tanker that tried to breach it.
- Pressure rises as gasoline exceeds $4.50 per gallon and Trump’s approval sits in the 30s.
- The blockade lifts prices and threatens Iran’s economy, which depends on Strait of Hormuz revenues.
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