President Trump signaled he would be piling economic pressure on Tehran as the stalemate continued and Iran laid out new conditions to re-open the Strait of Hormuz.

Sen. Chris Murphy flat out called it a “victory for Iran.”

Trump’s remarks come as Iran and Oman work on a deal to reopen the Strait of Hormuz, the waterway that typically carries 20% of the world’s oil and natural gas supply. Leaders in Tehran now say any deal is contingent on the U.S. agreeing to several conditions.

US President Donald Trump is downplaying the prospect of reopening of the Strait of Hormuz as a diplomatic breakthrough with Iran fails to materialize, Axios reported on Sunday. "We are low-keying

A spokesman for the Iranian Foreign Ministry said that talks with Oman on shipping routes in the Strait of Hormuz were “separate” from discussions to fully reopen the waterway.

President Trump’s best option to stop Iran from rebooting its nuclear weapons program is to take out the entrances to Pickaxe Mountain, where Iran’s busy nuke activities can be seen from above, says a nuclear expert who’s been eyeing the site.

Tehran’s new demands for major concessions come days after the White House had signaled a deal to clear commercial passage was within reach.

America’s depleted arsenal of premier offensive and defensive weapons stockpiles is undermining President Trump’s leverage with Iran. The military’s supply of its premium long-range missiles and interceptors for key missile defense systems is nearly exhausted after more than five months of airstrikes against Iran,

Despite President Donald Trump’s claims Iran is “begging” for a deal, some US officials fear regime figures appear more committed than ever to wielding leverage over the Strait of Hormuz and firing missiles toward American troops.

John Sfakianakis, Head of Research at the Gulf Research Center, says he expects President Donald Trump to resume military strikes in Iran soon, though not necessarily against infrastructure. He also doubts the US was involved in discussions over the Strait of Hormuz and does not expect the waterway to reopen in any meaningful way anytime soon.