Oil prices eased and world shares were mixed on Tuesday as there were no clear signs of a de-escalation of the Iran war. In early European trading, Britain's FTSE 100 rose 0.6% to 10,191.75. France's CAC 40 was up 0.

Oil prices are rising as President Trump contemplates a ground operation in Iran. The Wall Street Journal's Spencer Jakab has more.

Iran hit a fully laden Kuwaiti oil tanker off Dubai in a drone attack, a sign it’s willing to escalate strikes on energy sites and infrastructure as the war drags on.

Iran struck a Kuwaiti oil tanker anchored off Dubai, officials said early Tuesday, as Tehran maintains its blockade of the Strait of Hormuz amid the U.S.-Israel war on Iran.

The Kuwait Petroleum Corporation blamed Iran for the attack on the ship, which was carrying crude oil. The cost of gasoline rose to an average of $4 a gallon in the United States, as Iran chokes off a key oil shipping route.

A likely strike by the United States hit the central Iranian city of Isfahan, sending a massive fireball into the sky, and Tehran struck a fully loaded Kuwaiti oil tanker in the Persian Gulf

Tehran attacked and set ablaze a fully loaded crude oil ⁠tanker ⁠off Dubai on Tuesday, despite a threat by President Donald Trump that ⁠the U.S. will obliterate Iran's energy plants if it does not agree to a peace deal and open the Strait of Hormuz.

U.S. strikes hit a city Tuesday that is home to one of Iran’s main nuclear sites, sending a massive fireball into the sky, and Tehran attacked a fully loaded Kuwaiti oil tanker in the Persian Gulf. The attacks were testament to the intensity of the war more than a month after the U.