Iranian missiles struck Israel's Tel Aviv and the port city of Haifa before dawn on Monday, killing at least eight people and destroying homes, prompting Israel's defence minister to warn that Tehran residents would "pay the price and soon".

Behnam Ben Taleblu, senior fellow at nonprofit Foundation for Defense of Democracies, discusses Iran’s missile capabilities on “Morning in America” and shares his thoughts on the future of the conflict with Israel.

The retaliatory strikes came on Saturday, a day after Israel killed top Iranian military leaders and scientists and destroyed an aboveground nuclear enrichment plant near Natanz.

Tensions between Iran and Israel have escalated dramatically, with both sides suffering significant civilian casualties following large-scale missile attacks and

Trita Parsi, vice president of the Quincy Institute for Responsible Statecraft, has insisted that Israel underestimated the Iran's ability to regroup

The exchange of fire comes as talks on Iran's nuclear program in Oman between the U.S. and Iran were called off.

While gas prices in Houston fell slightly earlier this month, the attacks between Israel and Iran are expected to push gas prices higher over the next week, according to Patrick De Haan, head of petroleum analysis at price-tracking site Gas Buddy.

Regional tension has escalated since Friday after Israel launched coordinated airstrikes on multiple sites across Iran, including military and nuclear facilities, prompting Tehran to launch retaliatory strikes. Israeli authorities said that at least 24 people were killed and hundreds injured in Iranian missile attacks since Friday.

Emergency services reported at least three people were killed and dozens more wounded in Israel as the fourth day of open warfare between the regional foes causes air raid sirens to be triggered

Iran unleashed a barrage of missile strikes on Israeli cities early Monday, after Israel struck military targets deep inside Iran, with both sides threatening further devastation. AFP images showed gutted residential buildings in Tel Aviv and fires smouldering outside the coastal city of Haifa,