Iran launched multiple deadly waves of missiles and drones toward Israel into Saturday morning following Israel’s unprecedented strikes aimed at destroying Iran’s nuclear program and decapitating its military leadership.

Iran has fired about 200 ballistic missiles in four barrages and more than 200 drones toward Israeli territory so far in response to multiple waves of Israeli strikes, an Israeli military official said.

Three people have been killed in Israel, according to officials and local media, with both sides saying the strikes will continue.

Iran's strikes against Israel will continue, with targets set to expand to include U.S. bases in the region in the coming days, Iran's Fars news agency reported on Saturday, citing senior Iranian military officials.

Israel's military said the air force had concluded a wave of overnight strikes targeting air defenses in the area of Tehran. "We damaged—and will continue to damage—strategic sites and enemy sources of knowledge,

Stocks are down on Friday, with oil prices surging in the wake of the Israel's military strike on Iran. The S&P 500 slid 48 points, or 0.5%, to 5,998 points in early trading, while the Dow Jones Industrial Average dropped 559 points,

Israel launched 200 warplanes on some of Iran's core nuclear and missile programs in what's been dubbed the "Rising Lion" operation. Tehran quickly retaliated by sending 100 drones into Israel, which the Israel Defense Forces said were mostly intercepted.

Israel and Iran opened a new chapter in their long history of conflict when Israel launched a major attack with strikes early Friday that set off explosions in the Iranian capital of Tehran. Israel said it targeted nuclear and military facilities,