Chinese Foreign Ministry spokesperson Guo Jiakun responded to several questions related to the escalating conflict between Israel and Iran on Monday press conference, emphasizing that Chinese side will continue to communicate with relevant parties,

Following Israel's strike on Iran's nuclear sites and a key gas hub, expert Gordon Chang warns of potential repercussions for China and the United States. The attack jeopardizes China's significant economic partnership with Iran and could incite proxy attacks against US interests.

China has issued advisories to its citizens in Israel and Iran of the "complex and severe" security situation in those countries on Friday, adding a warning to those in Israel to prepare for possible missile and drone attacks.

Oil futures for Brent and WTI climb as escalating tensions between Israel and Iran threaten Middle East supply routes, pushing Indian crude contracts higher on Monday.

Asia-Pacific markets rose Monday, as investors assessed escalating Israel-Iran tensions, while awaiting a slew of data from China. Oil prices jumped as Israel and Iran exchanged strikes, while gold prices rallied, as investors sought refuge in the safe haven metal with equity markets sliding globally. The attacks continued over the weekend.

President Donald Trump's eventful week included securing a preliminary trade deal with China, deploying National Guard troops to Los Angeles, and responding to Israel's strikes on Iran.

Israeli emergency services have said at least two people were killed in the strikes and dozens of people are injured.

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