Iran and Israel have launched a fresh wave of attacks on each other in a development that continues to raise fears of the wider region being plunged into a destabilising conflict. Iranian missiles struck Tel Aviv and the port city of Haifa shortly before dawn on Monday,

Global energy executives gathered in the Malaysian capital on Monday for an industry conference with an eye on the dramatic escalation in the conflict between Israel and Iran, which has fuelled worries that it could widen and disrupt supply.

In many ways, it’s conceivable that Israel's Operation Rising Lion will alter the military balance of power in the Middle East more so than the 1991 Persian Gulf War.

It is the first time that Britain has advised against travel to any part of Israel since 2013, when the FCDO set up its dedicated travel advice pages. Starmer has not ruled out offering air support to defend Israel from Iranian attacks, as additional RAF fighter jets and other military aircraft were deployed to the Middle East.

Leaders from the Group of Seven nations begin annual talks on Monday amid wars in Ukraine and the Middle East that add to global economic uncertainty, as host Canada tries to avoid a clash with U.S. President Donald Trump.

The crisis is likely to dominate talks between leaders including Sir Keir Starmer and Donald Trump at the G7 summit.

Global air traffic has been disrupted following Israel’s strikes on Iran Friday, with several major airlines suspending flights to and from locations in the Middle East and rerouting their planes to avoid much of the region’s airspace.

Gold rose to a near two-month high on Monday, as intensified clashes between Israel and Iran over the weekend stoked fears of a broader regional conflict, pushing investors towards safe-haven assets.