Fears of wider conflict have increased as Israel plans its response to the Oct. 1 missile attack carried out by Iran after Israeli airstrikes on Iranian-allied militants.

STORY: Rocket barrages by Iran-backed Lebanese armed group Hezbollah triggered sirens across northern Israel overnight and early Sunday morning ().Israel's army said in a statement its forces intercepted the projectiles,

Israel’s leaders reckon that the 181 ballistic missiles fired by Iran at Israel on October 1st leave them with little alternative but to hit back. What form the retaliation takes could have wide-ranging implications for the Middle East and beyond.

Oil futures dropped by more than 4% on Tuesday, with U.S. and global benchmark prices settling at their lowest in about two weeks after a report that Israel will not attack key oil facilities in Iran.

U.S. troops are arriving in Israel along with a high-tech missile defense system as Israel prepares to strike back against Iran.

Israeli Prime Minister Benjamin Netanyahu has told the Biden administration it is willing to limit its counterstrike on Iran to military targets rather than oil or nuclear facilities, according to the Washington Post.