The Prague Post - US pauses Hormuz escorts in bid for deal, as threats continue

EUR -
AED 4.318561
AFN 74.675681
ALL 95.968869
AMD 434.678331
ANG 2.104761
AOA 1079.49461
ARS 1637.783235
AUD 1.620986
AWG 2.116656
AZN 2.002097
BAM 1.963338
BBD 2.363494
BDT 143.982805
BGN 1.961554
BHD 0.443705
BIF 3492.007139
BMD 1.17592
BND 1.498453
BOB 8.10813
BRL 5.775786
BSD 1.173516
BTN 111.752009
BWP 15.947227
BYN 3.322083
BYR 23048.028115
BZD 2.360081
CAD 1.598146
CDF 2722.25494
CHF 0.916488
CLF 0.027049
CLP 1064.583903
CNY 8.031943
CNH 8.009878
COP 4368.789007
CRC 533.85193
CUC 1.17592
CUP 31.161875
CVE 110.689981
CZK 24.343716
DJF 208.964069
DKK 7.471165
DOP 69.918742
DZD 155.463651
EGP 62.429793
ERN 17.638797
ETB 184.678209
FJD 2.566443
FKP 0.868838
GBP 0.863378
GEL 3.163352
GGP 0.868838
GHS 13.154505
GIP 0.868838
GMD 85.842341
GNF 10298.539998
GTQ 8.955518
GYD 245.502577
HKD 9.214578
HNL 31.192894
HRK 7.538356
HTG 153.57965
HUF 359.665064
IDR 20417.495518
ILS 3.421392
IMP 0.868838
INR 111.224786
IQD 1540.45494
IRR 1547510.459484
ISK 143.179664
JEP 0.868838
JMD 184.658976
JOD 0.833719
JPY 183.530558
KES 151.870483
KGS 102.799497
KHR 4707.072234
KMF 494.484733
KPW 1058.331577
KRW 1703.719585
KWD 0.362054
KYD 0.977863
KZT 545.278167
LAK 25769.156699
LBP 105302.658492
LKR 375.514938
LRD 215.328559
LSL 19.638366
LTL 3.472185
LVL 0.711302
LYD 7.444646
MAD 10.84554
MDL 20.253935
MGA 4891.826663
MKD 61.706123
MMK 2469.086618
MNT 4208.15489
MOP 9.472047
MRU 46.856298
MUR 55.009462
MVR 18.173832
MWK 2034.812416
MXN 20.290555
MYR 4.626121
MZN 75.128545
NAD 19.638366
NGN 1605.012218
NIO 43.167972
NOK 10.91171
NPR 178.80225
NZD 1.971841
OMR 0.452148
PAB 1.173506
PEN 4.113995
PGK 5.102591
PHP 71.866323
PKR 327.014021
PLN 4.23464
PYG 7110.359833
QAR 4.28817
RON 5.241541
RSD 117.374437
RUB 88.404614
RWF 1715.787559
SAR 4.411843
SBD 9.445291
SCR 16.338401
SDG 706.151377
SEK 10.835925
SGD 1.492289
SHP 0.877943
SLE 28.957052
SLL 24658.445775
SOS 670.674975
SRD 44.06995
STD 24339.165724
STN 24.594427
SVC 10.267508
SYP 129.975268
SZL 19.634049
THB 37.953398
TJS 10.971919
TMT 4.121599
TND 3.397815
TOP 2.831333
TRY 53.186535
TTD 7.954608
TWD 36.961529
TZS 3073.187672
UAH 51.569495
UGX 4430.008482
USD 1.17592
UYU 47.241536
UZS 14140.435814
VES 580.309319
VND 30954.912862
VUV 139.37534
WST 3.193717
XAF 658.485174
XAG 0.015318
XAU 0.000251
XCD 3.177981
XCG 2.114838
XDR 0.818944
XOF 657.924106
XPF 119.331742
YER 280.57473
ZAR 19.277735
ZMK 10584.690911
ZMW 22.149228
ZWL 378.645696
  • CMSC

    0.0099

    22.88

    +0.04%

  • RBGPF

    0.0800

    63.18

    +0.13%

  • BCE

    0.1700

    24.1

    +0.71%

  • CMSD

    0.0400

    23.29

    +0.17%

  • BTI

    1.0500

    59.4

    +1.77%

  • GSK

    -0.5200

    50.38

    -1.03%

  • NGG

    0.1400

    87.64

    +0.16%

  • AZN

    -2.2200

    181.24

    -1.22%

  • RELX

    -0.2000

    36.16

    -0.55%

  • JRI

    0.1100

    13.04

    +0.84%

  • RIO

    1.8700

    100.5

    +1.86%

  • BP

    -0.4400

    46.5

    -0.95%

  • RYCEF

    0.1500

    16.5

    +0.91%

  • BCC

    -2.2000

    72.13

    -3.05%

  • VOD

    -0.3100

    15.74

    -1.97%

US pauses Hormuz escorts in bid for deal, as threats continue
US pauses Hormuz escorts in bid for deal, as threats continue / Photo: Kent NISHIMURA - AFP

US pauses Hormuz escorts in bid for deal, as threats continue

The US will pause escorting commercial ships through the Strait of Hormuz barely a day after it began doing so, US President Donald Trump said Tuesday, citing a desire to reach a peace deal with Iran.

Text size:

Despite an uptick in military activity in recent days, Trump said "great progress has been made" toward a deal with Tehran and that the ship-guiding operation "will be paused for a short period of time to see whether or not the Agreement can be finalized and signed."

The announcement came hours after Secretary of State Marco Rubio said the United States had completed its offensive operations against Iran, while withholding the right to unleash a "devastating" response to any new attacks on shipping in the narrow shipping lanes.

Rubio echoed Washington's top military officer who earlier in the day said that US forces were ready to resume combat operations if ordered.

And Trump added that the blockade of Iranian ports "will remain in full force and effect."

As these announcements were made in Washington, Iranian media reported that Foreign Minister Abbas Araghchi arrived in Beijing, where he will on Wednesday meet his Chinese counterpart, Wang Yi.

The US military escorts over the last day and a half -- dubbed "Project Freedom" by Trump -- drew Iranian attacks, threatening an already fragile ceasefire.

Iran's Revolutionary Guards navy warned of a "firm response" if ships deviated from its approved route through the strait, as the country's chief negotiator said Tehran "had not even started yet," following a spate of attacks in the crucial trade route.

The United Arab Emirates announced it was intercepting a barrage of missiles and drones from Iran for a second day -- a claim Tehran "categorically" denied.

"The armed forces...did not launch any missile or drone operation," Iran's Khatam al-Anbiya command said.

Iran fired missiles and drones at US forces on Monday, while Washington said it struck six Iranian boats it accused of threatening commercial shipping, in the sharpest escalation since a month-long truce.

US Central Command remains "ready to resume major combat operations...if ordered," General Dan Caine told reporters.

"No adversary should mistake our current restraint with a lack of resolve."

Trump earlier Tuesday urged Iran to "do the smart thing" and make a deal, saying he did not want to kill more Iranians even as the ceasefire teetered.

Pentagon chief Pete Hegseth had said the United States was "not looking for a fight" but warned attacks would face "overwhelming and devastating" force.

- 'Malign presence' -

Iran's parliament speaker Mohammad Bagher Ghalibaf said the status quo was "intolerable," warning the US "malign presence will diminish" as Tehran vowed to retain control of Hormuz.

Monday's exchange of fire came as the rivals enforced dueling maritime blockades following Trump's plan to guide ships out of the Gulf.

The war, sparked more than two months ago by US-Israeli strikes, has battered the global economy despite a weeks-long ceasefire.

Israel's air force chief Omer Tischler said the military was ready to "deploy the entire air force eastward if required."

Military chief Eyal Zamir added that Israel's army remained on "high alert" and ready to respond to threats in the Gulf.

Iran denied any naval losses but accused Washington of killing five civilians aboard boats.

Despite tensions, Danish freight giant Maersk said one of its ships had transited Hormuz under US escort.

The UAE called the attacks "a dangerous escalation," while Saudi Arabia urged efforts toward a political solution.

Rubio accused Iran of "holding the world's economy hostage" through threats to shipping and the laying of sea mines, and said Washington and Gulf allies had drafted a UN Security Council resolution demanding Tehran halt attacks and disclose the location of mines.

The proposed measure would also require Iran to end efforts to charge tolls in the strait and support a humanitarian corridor, with a vote expected in the coming days, Rubio said.

European and US stocks advanced Tuesday while fears that the ceasefire could fall apart weighed on Asian equities.

Talks remain deadlocked, with only one round of direct negotiations so far.

Iran's President Masoud Pezeshkian said Tehran remained open to dialogue, but rejected US "maximum pressure" demands as "impossible."

Elevated energy costs are adding to economic strain and creating a political headache for Trump ahead of midterm elections.

European allies warned prolonged disruption would hit their economies.

"These attacks are unacceptable," EU chief Ursula von der Leyen said on X, warning that Gulf security has "direct consequences for Europe."

German Chancellor Friedrich Merz urged Iran to return to talks, echoing calls from the leaders of France and Britain.

L.Hajek--TPP