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Trump pauses U.S. bid to guide ships out of Strait of Hormuz, cites Iran deal progress

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President Donald Trump said he is pausing "Project Freedom," the U.S. military's bid to guide commercial ships out of the Strait of Hormuz.

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President Donald Trump said he would pause a US-led effort to help stranded ships exit the Strait of Hormuz to see if an agreement with Iran to end the war could be finalized. Bloomberg's Derek Wallbank breaks down the developments. (Source: Bloomberg)

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