The Latest Breaking News on Iran 'Urgently' Seeking To End Hostilities With Israel And Resume Nuclear Talks If U.S. Doesn't Join Attacks: Report

Iran accuses the US of backing Israel's attacks, raising tensions. Will Tehran strike American targets?

Rafael Grossi says while buildings above ground in Natanz have been destroyed, strategic locations underground have not been struck

COMMENT: Not just yet, writes Sean O'Grady – the US embassy in Tel Aviv suffering damage may turn out to be the high watermark of danger in the Israel-Iran war – but also the moment the chance of escalation began to subside

Serious questions have been raised after a ballistic missile fired from Iran breached an Israeli bomb shelter in Tel Aviv on Monday, killing four.

Here’s a snapshot of the action this morning prior to the opening bell in New York.

The major European stock indexes opened slightly higher while oil prices stayed elevated due to the uncertainty around the Israel-Iran crisis.

Order similar to those issued in Gaza a further sign Israeli campaign is evolving towards war of attrition

June S&P 500 E-Mini futures (ESM25) are up +0.40%, and June Nasdaq 100 E-Mini futures (NQM25) are up +0.45% this morning, signaling a partial rebound from Friday’s sell-off on Wall Street as investors dialed back some risk-off positioning sparked by the hostilities between Israel and Iran.

Brent crude falls by 3.4% late on Monday amid reports of potential talks to end the hostilities