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President Donald Trump had threatened to destroy Iran's entire civilization if his 8 p.m. ET deadline to reopen the Strait of Hormuz is not met.
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The near closure of the Strait of Hormuz since the war began has led to a historic oil supply shock, which quickly sent global energy prices soaring.
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Treasury yields declined on Tuesday as the rally in oil prices lost momentum.
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The vice president traveled to Budapest as Trump's deadline for an Iran deal loomed Tuesday, backing the administration's closest ideological ally in Europe.
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England and Scotland fans hoping to get to ticket to this summer's World Cup finals face paying vastly inflated prices through Fifa's official resale platform.
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President Trump has threatened devastating attacks if Iran does not reopen the Strait of Hormuz. Some Iranians questioned what had happened to American values.
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Metropolitan Police detectives are appealing for information as part of a murder investigation.
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Oil prices jumped and stocks tumbled Tuesday after the U.S. launched fresh strikes on Iran's Kharg Island and Trump's deadline for Hormuz to reopen approached.
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President Donald Trump warned Sunday in an expletive-filled social media post that Iran would be "living in Hell" if they do not open the Strait by Tuesday.
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