Iran launched a new barrage at Israel on Sunday evening, with an explosion seen in the coastal city of Haifa. Israel said it began another series of strikes on military targets across Iran amid international pleas for diplomacy and de-escalation.

Israel has launched a series of strikes against Iran, targeting the country’s nuclear program and other military infrastructure. Iran has launched its own strikes in retaliation.

Oil climbed early Monday with investors squarely focused on escalating geopolitical tensions as Israel and Iran continue to bombard each other with no sign of a pause.Brent crude rose as much as 5.5% in early Asian trading after Israel and Iran continued attacks on one another’s territories over the weekend.

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

An exchange of strikes on refineries and gas facilities was limited but raised the risks to an industry with broad economic impacts.

British Prime Minister Keir Starmer will meet with fellow world leaders at the Group of Seven summit in Canada on Monday and continue his calls for de-escalation between Israel and Iran

Israel and Iran's escalating conflict, with high civilian casualties and global economic repercussions, has become a top concern for G7 leaders meeting in Canada.

The "America First" president praised his foreign policy record on Sunday while urging a deal between Iran and Israel amid escalating strikes.

President Donald Trump vetoed Israel’s plan to kill Iran’s Supreme Leader Ayatollah Ali Khamenei, according to a U.S. official familiar with the matter.