Israel has retaliated against Iran's missile attacks Monday by targeting its military sites and a petrochemical plant, reports said.
The two rival nations exchanged fire in the worst strikes in months, for the first time since the US-Iran ceasefire in April.
Israeli Prime Minister Benjamin Netanyahu approved the strikes reportedly defying US president Donald Trump's warning not to do so at a time he said a deal with Iran is "very close."
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.