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.U.S. crude oil increased $1.52, or 2.10%,

Global oil prices resumed their recent surge in early Tuesday trading, with Brent crude futures testing the $75 a barrel mark, following comments from President Trump that played down the prospect of peace talks between Israel and Iran.

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.

So far, Iran’s crude-exporting infrastructure has been spared, and most of the fallout has been confined to shipping. The market remains focused on any sign that Tehran may seek to disrupt crude flows across the Strait of Hormuz,

A former White House official issued a chilling ultimatum to Donald Trump's administration as oil prices continue to rise in the US

India's benchmark indexes fell on Tuesday as investors stayed on edge after U.S. President Donald Trump urged Iranians to evacuate Tehran, stoking fears of a broader regional conflict amid ongoing Israel-Iran hostilities.