"Hezbollah is committed to the ceasefire agreement, even though Israel has not respected this commitment over the past period," the spokesperson said. "It continues to kill, assassinate, and attack areas, including entering border villages and remaining at the five points."

Israel’s attacks on Iran renewed fears of war between the countries and immediately threatened the region’s economy.

Conflict in the Middle East often leads to higher wholesale energy prices, which can feed through to inflation.

The military strikes jolted investors, raising concerns that a broader Mideast conflict would disrupt the world’s energy supplies.

The massive Israeli strike on Iranian nuclear and military sites has sparked fears of a wider conflict in the Middle East and sent oil prices surging.

Shapiro served as Deputy Assistant Secretary of Defense for the Middle East until January—charged with, among other things, considering scenarios in which tensions between Israel and Iran escalated into all-out war and preparing U.

Wall Street's main indexes fell on Friday after Israel's deadly strike on Iranian nuclear facilities inflamed tensions in the oil-rich Middle East and battered risk sentiment across global markets. Israel has warned that the widescale strikes were the start of a prolonged operation to prevent Tehran from building an atomic weapon.