The Japan Times - US pauses Hormuz escorts in bid for deal, as threats continue

EUR -
AED 4.292294
AFN 76.558763
ALL 92.543258
AMD 425.668988
ANG 2.091835
AOA 1071.757796
ARS 1752.039854
AUD 1.631897
AWG 2.105238
AZN 1.99154
BAM 1.955658
BBD 2.356728
BDT 142.989582
BGN 1.982653
BHD 0.441168
BIF 3482.2463
BMD 1.168765
BND 1.484792
BOB 13.515015
BRL 6.006872
BSD 1.170115
BTN 111.979842
BWP 15.678858
BYN 3.500445
BYR 22907.791044
BZD 2.353329
CAD 1.609682
CDF 2658.940455
CHF 0.936657
CLF 0.027171
CLP 1080.391288
CNY 7.855561
CNH 7.85545
COP 3594.438126
CRC 532.461207
CUC 1.168765
CUP 30.972269
CVE 110.256967
CZK 24.133363
DJF 208.364819
DKK 7.481311
DOP 68.555005
DZD 155.237732
EGP 59.448669
ERN 17.531473
ETB 189.240713
FJD 2.56147
FKP 0.856759
GBP 0.856803
GEL 3.044679
GGP 0.856759
GHS 13.017052
GIP 0.856759
GMD 85.908717
GNF 10281.250955
GTQ 8.929349
GYD 244.802165
HKD 9.164695
HNL 31.378714
HRK 7.541577
HTG 153.078847
HUF 362.895688
IDR 20628.465835
ILS 3.491339
IMP 0.856759
INR 111.851385
IQD 1532.888321
IRR 1606584.162089
ISK 141.713189
JEP 0.856759
JMD 185.70647
JOD 0.828701
JPY 185.804438
KES 151.52896
KGS 102.208935
KHR 4723.655856
KMF 493.219176
KPW 1051.888708
KRW 1619.90849
KWD 0.360483
KYD 0.975129
KZT 538.730751
LAK 26357.079745
LBP 104787.965631
LKR 385.201936
LRD 212.374527
LSL 18.763233
LTL 3.451059
LVL 0.706975
LYD 7.436458
MAD 10.807113
MDL 20.143532
MGA 5003.635458
MKD 61.520518
MMK 2453.714692
MNT 4204.885702
MOP 9.449012
MRU 46.626603
MUR 54.468814
MVR 18.057859
MWK 2028.95218
MXN 19.772467
MYR 4.720061
MZN 74.661139
NAD 18.763233
NGN 1572.577458
NIO 43.056863
NOK 10.874159
NPR 179.167947
NZD 1.954457
OMR 0.449257
PAB 1.170115
PEN 3.922914
PGK 5.185622
PHP 72.071929
PKR 324.677545
PLN 4.31584
PYG 7048.48648
QAR 4.25369
RON 5.257981
RSD 117.35145
RUB 96.63036
RWF 1724.174385
SAR 4.396224
SBD 9.387821
SCR 16.05273
SDG 703.016353
SEK 11.059442
SGD 1.483752
SHP 0.865898
SLE 28.755901
SLL 24508.413601
SOS 668.751278
SRD 44.144681
STD 24191.072651
STN 24.498215
SVC 10.238254
SYP 15196.280459
SZL 18.750634
THB 38.621879
TJS 10.794314
TMT 4.090677
TND 3.403252
TOP 2.814105
TRY 56.15039
TTD 7.936422
TWD 37.219361
TZS 3100.974077
UAH 52.285191
UGX 4352.682884
USD 1.168765
UYU 47.066571
UZS 13871.989351
VES 910.447072
VND 30533.981685
VUV 138.518447
WST 3.174336
XAF 655.909213
XAG 0.01694
XAU 0.000254
XCD 3.158646
XCG 2.108846
XDR 0.826377
XOF 655.909213
XPF 119.331742
YER 277.08497
ZAR 18.722468
ZMK 10520.29035
ZMW 22.203382
ZWL 376.341805
  • CMSC

    -0.1780

    21.102

    -0.84%

  • AZN

    1.4900

    165.98

    +0.9%

  • RELX

    0.5300

    35.91

    +1.48%

  • RBGPF

    0.0000

    68.56

    0%

  • BP

    -0.3800

    44.76

    -0.85%

  • RIO

    3.1300

    105.3

    +2.97%

  • GSK

    0.4500

    52.41

    +0.86%

  • NGG

    -0.8600

    79.76

    -1.08%

  • BCE

    -0.0700

    23.71

    -0.3%

  • BTI

    -0.4900

    56.21

    -0.87%

  • BCC

    0.7000

    82.47

    +0.85%

  • CMSD

    -0.1400

    20.98

    -0.67%

  • JRI

    -0.0300

    12.38

    -0.24%

  • VOD

    -0.0500

    15.96

    -0.31%

  • RYCEF

    -0.2500

    20.25

    -1.23%

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.

M.Ito--JT