The Israeli military has launched strikes on Iranian military targets following a missile attack by Iran on northern Israel.
The escalation marks a in the ongoing tensions between the two nations, with reports indicating that the situation is intensifying.
Axios and CNBC have both confirmed the reports, with multiple sources corroborating the military actions taken by Israel.
Markets are reacting to the heightened geopolitical risk, with investors closely monitoring the potential for further conflict in the region.
The move comes amid a fragile ceasefire between the U.S. and Iran, which has been under strain due to recent diplomatic efforts.
The Israeli response underscores the volatility of the situation and the potential for further military escalation.