President Donald Trump on Wednesday dismissed a report that Iran and Oman would manage shipping through the Strait of Hormuz as part of a deal to end the war,

If the Trump administration does not reach an agreement with Iran soon, the specter of long-term, low-grade conflict over the strait may set in.

Donald Trump made the remark after being asked whether he would accept a proposed arrangement under which Iran and Oman would share control of Strait of Hormuz. | World News