Australia and South Korea on Sunday urged Israel and Iran to exercise restraint following fresh attacks against each other, according to local media reports. Australia's Foreign Minister Penny Wong urged Israel and Iran to "not escalate" a "perilous" situation that could affect the wider Middle East.

The upgraded travel warning comes after Iran retaliated against an Israeli attack — part of an operation that will last "as many days as it takes", to end what Israel says is Iran's nuclear threat.

Explosions have been heard in Iran with Israel claiming it has attacked the country’s capital Tehran. Israeli Defence Minister Israel Katz announced a “special situation” in Israel. He said its schools would be closed on Friday.

Despite not relying on Iran for its oil supplies, petrol and other prices in Australia will rise due to the global impact of the Israel–Iranian war.

There’s a new Middle East war over Iran’s nuclear ambitions. Our experts unpack why Israel is striking now – and what happens next. Find out more about The Front podcast here. You can read about this story and more on The Australian’s website or on The Australian’s app.

Australia's Prime Minister Anthony Albanese said condemnation by the U.S. and Israel of sanctions imposed on two far-right Israeli cabinet ministers was "predictable", and that the two men had impeded a two-state solution.

President Trump did warn of a possible strike, but the press reports made it seem as if a strike was not imminent. The dollar is stronger against all the G10 currencies and most emerging market currencies;

Interviews with half a dozen senior Iranian officials show that they were not expecting Israel to strike before another round of talks.