By Amanda Cooper LONDON (Reuters) -Stocks fell, while oil and gold rose on Tuesday, as fighting between Israel and Iran entered a fifth day, making investors nervous over the risk of the conflict widening in a week packed with key central bank decisions.

Blasts have been heard in Tehran and sirens have sounded in Israel as US president convenes National Security Council.

Israel and Iran launched a new round of attacks as the conflict between the two heavily armed rivals enters its fifth day.

The conflict between Iran and Israel continues in the Middle East. Attacks have rocked Tehran and Tel Aviv. Follow along for live updates, news and analysis as the conflict unfolds.

Israeli officials have been pushing the United States to join the fray and use its huge bunker-busting bomb to crush Iran’s nuclear capabilities.

Israel and Iran have begun a new round of attacks, as the conflict between the two heavily armed rivals enters its fourth day.

"We affirm that Israel has a right to defend itself. We reiterate our support for the security of Israel," G7 leaders said in a statement.