President Donald Trump has urged Israeli Prime Minister Benjamin Netanyahu to refrain from launching a retaliatory strike against Iran, according to reports of a conversation between the two leaders.

The intervention comes as the Middle East faces heightened tensions following a recent missile attack on Israel, with fears mounting that a direct response could trigger a broader regional conflict.

The diplomatic push underscores the administration's urgent desire to contain the escalation.

While the specific details of the missile attack remain under review, the immediate focus for markets is the potential for a wider war that could disrupt critical energy infrastructure and shipping lanes.

Investors are for any signs of a full-scale military exchange that would send oil prices soaring and disrupt global supply chains.

This development follows a pattern of U.S. diplomatic engagement aimed at de-escalation.