DUBAI—Iran has been urgently signaling that it seeks an end to hostilities and resumption of talks over its nuclear programs, sending messages to Israel and the U.S. via Arab intermediaries, Middle Eastern and European officials said.

To date, Israel has avoided targeting Iran’s high-value energy export infrastructure, opting instead for limited strikes on domestic refineries and storage facilities, mainly around Tehran

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

After mulling such action for 16 years, Israel has launched air strikes on Iran’s nuclear facilities – a mission fraught with peril not just for the Jewish state, but for the broader Middle East.

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