Explosions shook Tel Aviv on Sunday during Iran’s first daylight missile attack since Israel’s strike on Friday. Shortly after nightfall, Iranian missiles hit a residential street in Haifa, a mixed Jewish-Arab city, and in Israel's south.

Israel hit more targets in Tehran and Iranian missiles fired at Israel killed at least 14, as the conflict entered a third day

The two powers have been exchanging barrages since Israel attacked Iran and killed many of the country’s top military leaders and scientists.

The markets have mostly shrugged off Russia's invasion of Ukraine and the Israel-Hamas war. But Israel's conflict with Iran is still in its early days.

Israel faced retaliation from Iran after launching missiles against Tehran's leadership and energy infrastructure as part of "Operation Rising Lion" this weekend. Iran's military responded with a wave of missile strikes against Israel,

"The full strength and might of the U.S. Armed Forces will come down on you at levels never seen before," Trump warned.

Oil prices climbed on Monday, extending Friday's rally, as renewed strikes by Israel and Iran over the weekend increased concerns that the battle could widen across the region and significantly disrupt oil exports from the Middle East.

Discussing the conflict between Israel and Iran, the former vice president said Trump "ought to be looking elsewhere than Vladimir Putin for advice."

Stock futures were mixed on Sunday as investors weighed the impact of the escalating Israel-Iran conflict that shows no signs of any potential off-ramps ahead. Oil prices jumped after Israel attack key areas of Iran’s energy infrastructure over the weekend,