Investing.com -- President Trump reportedly indicated Sunday that he is willing to let economic pressure on Iran continue building rather than order a fresh military strike, even as Tehran keeps defying Washington. "We are low-keying it," Trump told Axios during a phone call. We are just watching Iran with its huge inflation and the fact they have no money." Trump also noted that with oil prices down to just over $75 a barrel, American consumers are feeling less strain from the conflict. Washington had said it would lift its blockade of Iranian ports after commercial shipping resumed without obstruction.