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The strikes on Iran and the wider regional conflict are driving up oil prices and throwing global shipping and freight operations into chaos.
The Iranian navy has warned cargo ships that the narrow Strait of Hormuz, that connects the Persian Gulf to the open sea, is closed.
At least three tankers have been damaged so far.
From Jimmy Carter's 'Iran Hostage Crisis' to Donald Trump's attempts to topple Iran's regime. For decades, tensions and conflicts have marked Washington and Iran's relations.
So, how have those events shaped today's conflict and has the US ever truly understood Iran?
The conflict in the Middle East continues this morning with Israel and the U.S. launching more strikes against Iran with Tehran's proxies also in the firing line.
An Israeli air strike in the Lebanese capital heavily damaged a building yesterday. The Israeli military says it was targeting a senior Hezbollah official.
The Iranian Red Crescent Society says more than 550 people have been killed in Iran so far by the U.S.-Israeli campaign, and more than 130 cities across the country have come under attack.
In Israel, at least 11 people have been killed, while in Lebanon the death toll stands at 31.
Meanwhile, Iran has continued to attack countries in the Persian Gulf.
As the US and Israel wage war in Iran, we hear from voices in the region, the Iranian diaspora in Australia, analysts looking at the future of the Iranian regime and the involvement of American allies like the UK and Australia.
Recap the morning's news, politics and global affairs with the Breakfast Wrap.
The deadly attacks on Iran and retaliatory strikes across the Middle East have inflicted chaos on travellers around the world and sent shocks through the global aviation sector.
The Australian Government says at least 11,000 Australian travellers have been affected by the travel disruptions in the middle east following strikes on Iran, and its retaliation. Lisa Needham is a producer with the ABC who is among them, trying to navigate the changing travel landscape. GuestLisa Needham, ABC Radio National producer
The deadly attacks on Iran and retaliatory strikes across the Middle East have caused chaos on travellers around the world, with hundreds of flights cancelled.
The Australian Airports Association said local hubs were accommodating 30 aircraft from Middle Eastern carriers that are on the ground following diversions and flight cancellations.
The Australian government has upgraded its travel advice for Israel, Lebanon, Bahrain, Kuwait, Qatar and the United Arab Emirates to "Do Not Travel", urging Australians to leave those countries "if it is safe to do so".
Some 86,000 Iran-born people now call Australia home. Many of them have taken to the streets in recent years in solidarity with the growing unrest in Iran, despite the risks of family being targeted by the regime back home.Those scenes were repeated following the news of the death of Ayatollah Khameini, killed in US-Israel led strikes.
The UK has agreed to allow US forces to carry out defensive strikes on Iranian missile sites from British bases.
Luke Siddham Dundon shares the announcement from Prime Minister Keir Starmer, and political correspondent Tom Crowley contributes analysis on whether Australia might follow suit.
US President Donald Trump says the joint US-Israeli attacks on Iran have led to the destruction of Iranian naval ships and have left dozens of the country's leaders dead.
It follows the killing of Iran's Supreme leader at the weekend, with Iran quickly retaliating; firing missiles and drones at targets across Israel and the Gulf Arab states.
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