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President Donald Trump demanded "unconditional surrender" from Tehran and said the U.S. knew the exact location of Iran's supreme leader, Ayatollah Ali Khamenei.
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Israel and Iran continue trading strikes as President Donald Trump gathered his top security advisers and the U.S. military increased firepower in the Middle East.
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The decision to launch a full-on attack on Iran would be in the gray area between the president's powers as commander in chief and the Constitution's mandate that only Congress can declare war.
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They rose more than 4 percent as traders wondered if the United States would take a more active role in the conflict between Israel and Iran.
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 Intense Israeli airstrikes targeted Iran's capital early Wednesday after it issued a warning about a new area it could target, a day after U.S. President Donald Trump warned Tehran's residents to evacuate and demanded that the country surrender without conditions.
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During a meeting in the situation room, President Trump considered a range of options including a potential U.S. strike on Iran, according to multiple current and former administration officials. It comes after Trump has vowed he will not allow Iran to have a nuclear weapon, and posted today that Iran should surrender unconditionally. NBC News' Peter Alexander reports.
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