Emergency services say 10 have been killed in Israel, while Iranian state media has given little information about casualties in Iran.

Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and pushing prices higher.

Shock waves from the oil market also hit stock bourses across Asia. Read more at straitstimes.com. Read more at straitstimes.com.

Iran and Israel have continued to trade deadly blows into the weekend, following an unprecedented Israeli attack on Friday aimed at destroying Tehran’s nuclear program and decapitating its military leadership.

DUBAI (Reuters) -Iran said several top commanders and six nuclear scientists were killed in Israeli strikes on Friday targeting Iran's nuclear facilities, ballistic missile factories and military commanders to prevent Tehran from developing an atomic weapon.

Iran struck buildings in the heart of Israel, killing at least 10. Israeli strikes expanded to energy facilities, natural gas installations and government buildings.