Iran launched missile and drone attacks on Israel and Gulf Arab states, while US President Donald Trump said the US is in talks to end the war. The delay of a deadline for Iran to open the Strait of Hormuz has driven down oil prices and boosted stocks.

Smoke rose from central Tel Aviv as Iranian missiles and drones targeted Israel and Gulf Arab states Tuesday, even as US President Donald Trump said the US was in talks with the Islamic Republic to end the war. Trump also delayed a deadline for Iran to open the strategic Strait of Hormuz for shipping or see its power stations targeted by air strikes, briefly driving down oil prices and boosting stocks. The delay offered a reprieve after the US and Iran traded threats over the weekend of strikes....