DUBAI, United Arab Emirates (AP) — Israel claimed Tuesday to have killed a top Iranian general as it traded more strikes with its longtime foe, and U.S. President Donald Trump warned residents of Tehran to evacuate while suggesting that the United States could give up on negotiations.

Israel has pounded Iran for a fifth day in an air campaign against its longstanding enemy’s military and nuclear programme.The air strikes came as President Donald Trump warned residents of Tehran to evacuate and suggested the US was working on something “better than a ceasefire”.

Markets were lower around the world on Tuesday morning as President Trump left the G7 meeting early and warned Iranians to leave Tehran amid Israeli air strikes on the city. The uncertainty caused another jump in oil prices, as Elena Casas explains. What are rare earth elements and why are they important?