A sound at the Strait of Hormuz, crude oil slightly rises, gold moves sideways, and the market remains calm.

CoinWorld News, the U.S. Central Command states that U.S. and Israeli fighter jets attacked several Iranian ships in the Strait of Hormuz. Hours earlier, Trump had said that negotiations with Tehran on a temporary agreement were making progress. The renewed fighting highlights the fragility of the U.S.-Iran ceasefire agreement. During Tuesday's Asian morning trading, the S&P 500 futures fell following the latest developments, West Texas Intermediate crude oil prices rose slightly, and gold declined modestly before stabilizing and fluctuating. Trump is currently facing domestic pressure from hardliners on Iran in the U.S., such as Republican Senator Graham, who believe that the emerging agreement concedes too much to Tehran.