When asked at a news briefing Monday about the prospect of a ceasefire, however, Israeli Prime Minister Benjamin Netanyahu indicated he was not interested in one, according to NBC News. Netanyahu said Israel is "not backing down" from eliminating Iran's nuclear program.

The recent airstrikes by Israel in Iran are not expected to have a significant impact on the U.S. economy, according to leading economists.

The Israel-Iran conflict could cause world-wide economic turmoil. What this could mean for Long Islanders? Newsday reporter Brianne Ledda reports.

Earlier on monday, the IDF said it had identified missiles fired from Iran towards Israel. Amid the rising conflict, an expert has predicted the impact on the naira.