President Donald Trump has revealed that the US is pivoting to a more 'low-key' approach in the conflict with Iran.
The president suggested that he will be shifting away from military strikes and focusing on applying economic pressure.
'We are low-keying it. We are only semi-negotiating with them,' he told Axios on Sunday. 'We are just watching Iran with its huge inflation and the fact they have no money.'
He insisted that Iran is in 'very bad shape' and has no money to pay its troops, a situation he said is being exacerbated by the US' naval blockade.
'It will work out. It always works out. It's like a chess game,' he added.
It came a day after details emerged on the potential deal between Iran and Oman on managing the Strait of Hormuz.
The Oman agreement, which was viewed as a pending done deal until Tehran issued a list of demands on Saturday, would have given Iran partial control of traffic
