The Israel-Iran conflict has highlighted President Trump's challenge in shaping foreign affairs while maintaining political support at home.

Blasts have been heard in Tehran and sirens have sounded in Israel as US president convenes National Security Council.

The U.S. State Department plans to hold a press briefing amid rising tensions between Israel and Iran Tuesday, June 17.

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.

During the news conference with Carney, Trump repeatedly mentioned that Russia was thrown out of what used to be the G8 in 2014 - and blamed Barack Obama and former Canadian Prime Minister Justin Trudeau. Canada was led by Stephen Harper at the time, not Trudeau.

The U.S. military has reportedly moved a large number of refueling aircraft to Europe to provide options to Trump.

The Indian rupee is likely to dip at the open on Tuesday, weighed down by rising oil prices and a decline in U.S. equity futures after U.S. President Donald Trump called for the evacuation of Tehran.

Defense Secretary Pete Hegseth said the U.S. is 'postured defensively' as more warplanes and a massive aircraft carrier moved to the region.