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U.S.-Iran threats over Hormuz rattle markets as oil risk lingers and missiles hit Israel, raising fears of a prolonged conflict.
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Two missiles landed hours apart, wreaking havoc in two towns near a heavily guarded nuclear site in the Negev Desert.
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After three weeks of relative insulation from the raging U.S.-Israeli war with Iran, the explosive impact from an Iranian ballistic missile delivered a grim wake-up call in Arad, a desert town in southern Israel.
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Iran launched missiles at two southern Israeli cities that lie close to the country's main nuclear research center, while President Trump gave Iran 48 hours to reopen the Strait of Hormuz.
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Israel is investigating how ballistic missiles got through the country's sophisticated air defences.
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