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Iran live updates: Trump's 'Project Freedom' to begin Monday amid attacks in strait

Trump on Sunday said that the U.S. will guide ships out of Strait of Hormuz.

ByDavid Brennan
Last Updated: May 4, 2026, 6:04 AM EDT

President Donald Trump announced "major combat operations" against Iran on Feb. 28, with massive joint U.S.-Israeli strikes targeting military, government and infrastructure sites.

Following the announcement of a two-week ceasefire, initial U.S.-Iran talks in Pakistan in April failed to reach a peace deal.

Trump later announced the open-ended extension of the ceasefire and the continuation of a U.S. blockade until negotiations are concluded "one way or the other."

Key Headlines

Here's how the news is developing.
May 03, 2026, 8:01 AM EDT

Trump must choose between 'impossible' war or 'bad deal,' IRGC says

Iran's Islamic Revolutionary Guard Corps issued a statement via the state-run Press TV claiming that the U.S.' room for decision-making "has narrowed" amid the ongoing negotiating stalemate.

In its statement, the IRGC claimed that Tehran has set the Pentagon a deadline to lift its blockade of Iranian ports. It also claimed that the global tone of conversation on the conflict has shifted "against Washington," citing critical statements on the war from China, Russia and Europe.

President Donald Trump, the IRGC said, must choose between "an impossible military operation or a bad deal" with Iran.

A man holds an Iranian flag near an anti-U.S. billboard in Tehran, Iran, on May 2, 2026.
Majid Asgaripour/via Reuters

-ABC News' Dragana Jovanovic

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