Iran originally planned to launch 1,000 missiles at Israel but was unable to due to damage from Israeli strikes, The New York Times reported

Sirens sounded in Israel as Iran launched dozens of ballistic missiles in retaliation for Israel's strikes on its nuclear facilities.

Israel's surprise attack on Iran had an obvious goal of sharply disrupting Tehran's nuclear programme and lengthening the time it would need to develop an atomic weapon.

If prices go up, Fed officials may be inclined to raise its benchmark rate, raising borrowing costs for businesses and consumers. That could lead to businesses to cut jobs, particularly in the high-growth tech sector, and force Americans to pull back on spending, which drives more than 70% of economic activity in the U.S.

CNN’s Chief International Anchor Christiane Amanpour reacted to Israel’s unprecedented attack on Iran overnight, saying she did not imagine a scenario in which Iran would be able to fight back with as much strength as Israel has behind it.

Airspace was closed over Israel, Jordan, Iran and Iraq on Friday after Israel attacked Iran with a wave of airstrikes.