US President Donald Trump said Friday he had agreed to further negotiations with Iran, even as he repeated his assertion that the ceasefire between the long-time foes was over. Earlier this week, at a NATO summit, Trump also declared the ceasefire over, saying of Tehran: "It's just a waste of time dealing with them."

Renewed hostilities between the US and Iran have also heightened safety and security concerns around the Strait of Hormuz.

The president said peace talks can continue but are a ‘waste of time’ as the flareup threatens to overshadow the NATO summit. Follow here for the latest.