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Reports have raised hopes of an agreement between the US and Iran after days of escalation.
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European stocks soared on Wednesday as traders responded to reports that the U.S. and Iran are close to an agreement that will bring an end to the war.
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Oil prices fell sharply after Axios reported that the U.S. and Iran were closing in on an agreement to bring an end to the conflict.
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Pope Leo said the Church had spoken out for years against all nuclear weapons, and also reiterated his view that instead of spending billions on weapons, governments should instead use that money to address humanitarian issues and hunger.
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The president is trying to ratchet up the economic pressure on Tehran, but Iran's government is unlikely to make a deal without a big, face-saving compromise.
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The U.S. operation comes after renewed attacks on commercial vessels over the weekend.
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