(Sharecast News) - Donald Trump and his advisers are reportedly looking at resuming limited military strikes in Iran in addition to the US blockade of the Strait of Hormuz, as a way to break a stalemate in peace talks.

According to the Wall Street Journal, citing officials and people familiar with the situation, that is among the options the US president was considering Sunday, hours after peace negotiations collapsed.

It was also understood that Trump could resume a full-fledged bombing campaign, though officials said that was less likely given the prospect of further destabilising the region and the president's aversion to prolonged military conflicts.

Trump could also seek a more temporary blockade while he pressures allies to take responsibility for a prolonged military escort mission through the strait in the future.

The WSJ said US officials outlined Trump's red lines in further negotiations with Iran. Those include Iran fully opening the Strait of Hormuz free of tolls for passage; ending all uranium enrichment and dismantling enrichment facilities; handing over its highly enriched uranium; accepting a broader security framework that includes regional allies; and ending funding of proxies such as Hezbollah in Lebanon and Yemen's Houthi rebels.