AXIOS (Barak Ravid) - Trump to Axios: "We are low keying it" with Iran
President Trump signaled on Sunday that he's prepared to allow economic pressure on Iran to mount — as opposed to ordering a new military offensive — even as the country continues to defy the U.S. Why it matters: Only a week ago, Trump was on the verge of ordering a return to major combat operations. But in an interview with Axios, he did not make any new military threats. - Trump also didn't express any anger or frustration about the fact that Iran has been holding up an announcement on a deal with Oman to reopen the Strait of Hormuz. On Saturday, Iran issued a new list of demands to allow shipping through the strait. What he's saying: "We are low keying it," Trump said during a brief phone call. - "We are only semi-negotiating…