Israel bombarded the Iranian capital with a new wave of strikes on Sunday afternoon, as both sides warned of more to come in a conflict that is rapidly expanding in scope and intensity.

Israel targeted Iran’s Defense Ministry headquarters in Tehran and sites it alleged were associated with Iran’s nuclear program, while Iranian missiles evaded Israeli air defenses and slammed into buildings deep inside Israel.

Israel and Iran exchange missile attacks for a third day; nuclear sites hit, death tolls rise, airspace shut, U.S. warns Tehran against retaliation.

Financial markets are set to reopen Monday with investors squarely focused on escalating geopolitical tensions as Israel and Iran continue to bombard each other with no sign of a pause.

Israel and Iran have opened a new chapter in their long history of conflict. Israel launched a major attack with strikes early Friday that set off explosions in the Iranian capital of Tehran.

The Israeli military struck "over 170 targets" in Iran in three days, the Israel Defense Forces (IDF) said on Sunday.

Prime Minister Benjamin Netanyahu of Israel presented Iran’s sophisticated ballistic missiles as a critical threat to Israel’s survival.

Iran conflict could open opportunities for Russia to possibly become a power broker to help end the confrontation.

Israel’s historic strike on Iran revealed years of Mossad activity inside the country, including hidden weapons, drones and assassinations of nuclear officials.