"Project Freedom", which began on Monday, will be halted because progress has been made toward a deal with Iran, the US president says.

President Trump said the U.S. Navy will begin blockading ships from entering or exiting the Strait of Hormuz and intercept vessels that have paid tolls to Iran.

President Donald Trump said the US Navy will start preventing ships from passing through the Strait of Hormuz, after US-Iran peace talks ended without agreement.

What could the United States' blockade in the Strait of Hormuz look like and what impact might it have? Here's what to know.

The announcement comes hours after a merchant ship reported being attacked by multiple "small" boats near the Strait of Hormuz.

WASHINGTON — President Trump claimed Wednesday that Iran was “choking like a stuffed pig” due to the US blockade of the Islamic Republic’s ports, which he indicated would remain in place until Tehran agreed to give up its pursuit of a nuclear weapon.

As President Trump again voiced optimism that Iran will "make a deal" to end the war, Tehran declared itself the regulator of Strait of Hormuz shipping.

President Donald Trump said his representatives are having “positive discussions” with Iran as the two countries trade peace proposals. Meanwhile, the average cost of gas in the US rose to $4.45 a gallon.