Israel's Haifa-based Bazan Group said all refinery facilities have been shut down after a power station used to produce steam and electricity were significantly damaged in an attack by Iran, according to a regulatory filing on Monday.

Hostilities between Israel and Iran have entered the fifth day after Israel refused any diplomatic overtures from Iran overnight to stop the ongoing conflict. In response, The Islamic Revolutionary Guard Corps (IRGC) has issued an evacuation directive,

Iranian media hailed the alleged fire, insisting it had been their target for attacks in the North, despite the majority of impacted rockets landing on residential homes.