By Alexander Cornwell, Parisa Hafezi and Jeff Mason TEL AVIV/DUBAI/WASHINGTON (Reuters) -Iranian missiles struck Israel's Tel Aviv and the port city of Haifa before dawn on Monday, killing at least eight people and destroying homes,

Authorities in the northern Israeli port city of Haifa said an Iranian missile had hit a residential building.

Israeli energy company Bazan said its Haifa oil refinery suffered pipeline and transmission line damage during Iran’s overnight missile barrage. Refining core facilities continue to operate at the site,

Meanwhile, Iranian ballistic missile strikes have impacted across Israel, from the coastal city of Haifa and the small Arab-Israeli city of Tamra in the north, to the small village of Zavdiel in the south. Iranian ballistic missile attacks have damaged buildings in and around major Israeli cities, including Tel Aviv.

Beaches in the coastal Israeli city of Haifa were practically empty on Tuesday and some were closed off completely, as the conflict between Israel and Iran intensified into a fifth day.

Israeli authorities reported the evacuation of 60 residents in Haifa, 1,300 in Petah Tikva, and 300 in Tel Aviv due to damage to buildings.

War risk premiums to Israel are still below a peak of over 2% in November 2023 that were quoted after a Hamas attack on Israel killed 1,200 people and triggered the Israeli invasion of Gaza. Individual underwriters will price risk and rates differently, but this will add tens of thousands of dollars of extra daily costs for every voyage.

Environmental activists, who support long-term government plan to close Bazan plant for good and import and store products warn writing is on the wall