New Delhi, Aug. 10 -- US President Donald Trump has signalled that his administration is easing off the prospect of further military strikes against Iran, saying Washington is instead allowing economic pressure on Tehran to build as negotiations over the Strait of Hormuz remain stalled.

"We are low-keying it," Trump told Axios on Sunday, according to the news outlet.

The comments mark a notable shift in tone after Trump repeatedly threatened to launch additional attacks on Iran over the past week.

The US President has increasingly focused on securing an agreement that would end the conflict and restore shipping through the strategically important Strait of Hormuz.

Trump said Washington was not engaged in full-fledged negotiations with...