As Israel pounds Iran with airstrikes targeting military facilities and its nuclear sites, officials in Tehran have proposed a variety of steps the Islamic Republic could take outside of launching retaliatory missile barrages.

The dramatic escalation in tensions between Israel and Iran caused a spike in the price of crude and raised fears among oil traders about disruption to shipping in the Strait of Hormuz, one of the world’s most vital waterways.

Israel struck Iran's state-run television station during a live broadcast, forcing a reporter to run off camera following an explosion.