The U.S.' bid to re-open the Strait of Hormuz, dubbed "Project Freedom," was nicknamed "Project Deadlock" by Iran.

The U.S.' bid to re-open the Strait of Hormuz, dubbed "Project Freedom," was nicknamed "Project Deadlock" by Iran.

The US and Iran's determination to keep the pressure on each other has put the fragile Gulf ceasefire in serious jeopardy.

Conflict appears to have reached painful stalemate, but leaders in Tehran and Washington seem to think victory is near

President Donald Trump raised hopes of an agreement between the US and Iran after days of escalation.

There are signs of fresh momentum to end the war, but Trump himself has injected a note of caution.

A few more weeks of the status quo, where most tankers are prevented from crossing the Strait of Hormuz, will push the current crisis into a whole new phase.