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Iran live updates: US waiting for Iran response to possible MoU, officials say

Trump ordered a pause to his "Project Freedom" maritime mission.

Last Updated: May 7, 2026, 7:53 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."

May 05, 2026, 2:06 PM EDT

Iran announces system to 'formalize' strait traffic mechanisms

Iran announced a new system in its effort to "formalize" the mechanisms to allow traffic to go through the Strait of Hormuz, calling it the "Persian Gulf Strait Authority."

-ABC News' Desiree Adib

May 05, 2026, 2:05 PM EDT

3 US Navy Destroyers are in Persian Gulf, west of the Strait of Hormuz, officials say

There are three U.S. Navy destroyers inside the Persian Gulf, west of the Strait of Hormuz, as part of the “Project Freedom” defensive shield, according to two U.S. officials.

This includes a multiple layered system of ships, aircraft, and air defense systems to protect any commercial ships seeking to transit the Strait, according to officials.

The three destroyers are the USS Truxtun, USS Mason, and the USS Rafael Peralta, according to the officials.

-ABC News' Luis Martinez

May 05, 2026, 1:24 PM EDT

IRGC issues new warning on strait transit

Iran's Islamic Revolutionary Guard Corps issued a new warning to all vessels intending to transit in the strait, saying "the only safe route to pass through the Strait of Hormuz is the corridor previously announced by Iran," in a statement Tuesday.

"The diversion of vessels to other routes is unsafe and will face a decisive response from the IRGC Navy," the IRGC said.

May 05, 2026, 12:46 PM EDT

Trump says 'I'll let you know' if ceasefire is breached

President Donald Trump suggested that Iran hasn’t yet violated the ceasefire despite firing shots in the Strait of Hormuz, saying “I’ll let you know” when it is breached.

"They didn't shoot the ships that were guarded by us," Trump said during an Oval Office event on Tuesday.

"The blockade has been amazing. It's like a piece of steel. Nobody is going to challenge a blockade," Trump said.

-ABC News' Emily Chang and Isabella Murray

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