Crude oil futures rose more than 2% Tuesday, after President Donald Trump called for the evacuation of Tehran as Israel and Iran traded strikes for a fifth day.The U.S. crude oil contract for July delivery increased $1.

Wall Street opened slightly lower while oil and gold rose as Tuesday marked the fifth day of fighting between Israel and Iran, with the risk of a widening conflict dampening risk appetite in a week also packed with key central bank decisions.

The Israel Iran conflict has entered its sixth day on Wednesday (June 18). US President Donald Trump has called for "unconditional surrender" of Iran to stop the conflict to escalate in the West Asian region.

Stocks lost ground in early trading Tuesday, while oil prices moved higher, as investors monitored developments in the escalating conflict between Israel and Iran and digested disappointing economic data.

In 2018, the president called for the group to embrace Russia and stormed out of the summit. Now he is seeking to shrink America’s military role abroad and embarking on a more expansive trade war.

Crude oil futures spiked Tuesday after a series of posts from President Trump fueled speculation that the U.S. is on the verge of joining Israel's attack on Iran, which in turn raised questions about the accessibility of oil supplies if the severity of the conflict increases.

Israel’s air campaign against Iran’s capital appeared to broaden on the fourth day of an intensifying conflict as Trump posted an ominous message warning residents of the city to evacuate.

WASHINGTON—President Trump met in the Situation Room with his national security advisers on Tuesday afternoon as he considered his response to tensions in the Middle East, including a potential U.S. strike against Iran,