The so-called “Project Freedom” oversaw the transit of two commercial vessels out of the Strait on Monday, though it coincided with fresh attacks between the warring countries amid a tenuous cease-fire. The U.S.-Iran cease-fire was set to last for two weeks beginning April 8, but it was extended indefinitely on April 21. Iran had previously said that U.S. interference in the Strait would be considered a cease-fire violation. Iran militarized the Strait in early March in retaliation for the U.S. and Israel launching the war and has allowed only vessels with its permission to pass through. The restriction of shipping through the Strait has led to surging oil and gas prices and higher costs of other commodities around the world which could persist especially as Iran wants to continue managing the Strait after the war. More than 20,000 sailors aboard around 1,600 vessels are trapped in the region.…