Israel and Iran intensified their deadly air strikes Monday on the fifth day after Israel launched its first attack to dismantle Iran's nuclear capability.

Oil prices rose again Tuesday morning in Asia, as markets weighed the odds of a resolution in the Israel-Iran conflict. Crude prices bounced as news of fresh attacks rolled in, including another wave of Iranian missiles launched at Israel and more Israeli strikes on Iran.

Fitch Ratings said on Monday that a spillover from the Israel-Iran conflict appears to be within a range that can be absorbed by Israel's 'A'/Negative rating level.

Top Lebanese officials said Monday they want to prevent the country, which is still recovering from the recent Israel-Hezbollah war, from being dragged into the ongoing conflict between Israel and Iran.

Oil prices resumed their upward climb and U.S. futures were lower early Tuesday after Israel’s military issued an evacuation warning to 330,000 people in Iran’s capital Tehran. Asian shares were mixed.

Blasts have been heard in Tehran and sirens have sounded in Israel as US president convenes National Security Council.

Iran has arrested dozens of people on suspicion of spying as fears grow in the Islamic Republic over the extent of its infiltration by Israel’s Mossad intelligence service.

President Donald Trump in about eight hours went from suggesting a nuclear deal remained “achievable” to urging Tehran’s 9.5 million residents to flee for their lives.