Tensions have escalated significantly between Israel and Iran following Iran's missile attacks on Israeli military bases, which Iran claims were in retaliation for the assassinations of key Hezbollah and Hamas leaders. Iran's use of hypersonic missiles, some of which bypassed Israel's defenses, has heightened fears of a broader regional conflict, potentially involving global powers. The United States, while supporting Israel, has intercepted additional Iranian missiles aimed at Israel, emphasizing the need for diplomatic solutions to avoid further escalation. The United Nations Security Council remains divided on how to address the conflict, with no consensus reached. Meanwhile, discussions of potential Israeli strikes on Iranian oil facilities have led to a surge in oil prices, reflecting the market's sensitivity to Middle Eastern geopolitical tensions. Israeli Prime Minister Netanyahu has vowed a strong response to Iran's actions, stressing the existential threat posed to Israel.