Israel’s military said it shot down 20 drones en route to Israel on Sunday. It comes after it reported striking 80 targets in Iran overnight, including the headquarters of the Ministry of Defense and the headquarters of the Organization of Defensive Innovation and Research,

Emergency services say ten have been killed in Israel, while Iranian state media have given little information about casualties in Iran.

Israel has issued an "urgent warning to Iranian citizens" to evacuate areas close to military sites after fresh exchanges of strikes between the two countries overnight raised fears of further escalation.

Tel Aviv stocks erased morning losses and moved nearly 1% higher on Sunday in the first trading session since the start of a wave of missile strikes between Israel and Iran on Friday, as Israel and its economy attempt to remain as open as possible.

Following Russia's full scale invasion of Ukraine in 2022, oil prices spiked to nearly $130 a barrel, contributing to higher prices for UK shoppers on everything from transport to food. However the cost of a barrel of oil, currently around $75, is still lower than it was in January.

Iranian media reported that Israel struck the South Pars Gas Field in what would be the first attack on an Iranian energy site.

Houthi, the Houthi chief of staff, in an airstrike on Saturday, an Israeli military official said. He is one of the most powerful Houthi figures who helped orchestrate the rebel takeover of Sana'a following the Arab Spring.

The UK's Foreign, Commonwealth & Development Office (FCDO) has advised against all travel to Israel amid an escalation in the country's military activity with Iran. The advice, which covers Israel and the Occupied Palestinian Territories, means travel insurance could be invalidated if individuals do not follow it.