The death toll has risen after Hamas fired rockets into Israel from Gaza in a surprise attack and Israel declared war.

According to Israeli officials, at least 40 people have died in Israel and more than 700 people have been injured. The Palestinian Health Ministry said 160 people were killed in Gaza and over a 1,000 others were injured.

According to Al Jazeera, Israeli forces have surrounded a house in the Israeli settlement of Ofakim and negotiations are underway with Palestinian fighters who are allegedly holding hostages. According to the Jerusalem Post, dozens of hostages are being by Hamas in the Kibbutz Be’eru in southern Israel.

President Joe Biden was briefed Saturday "on the appalling Hamas terrorist attacks in Israel," according to the White House.

"Senior national security officials briefed the President this morning on the appalling Hamas terrorist attacks in Israel. The President will continue to receive updates and White House officials remain in close contact with Israeli partners," the White House said in a statement.

-ABC News' Fritz Farrow

U.S. Defense Secretary Lloyd Austin released a statement saying he is "closely monitoring" the situation in Israel and extended his condolences to the families of those who have lost their lives.

"Over the coming days the Department of Defense will work to ensure that Israel has what it needs to defend itself and protect civilians from indiscriminate violence and terrorism," Austin said.

Separately, a U.S. defense official said that Austin had a call with his team Saturday morning, including U.S. Centcom Commander Gen. Eric Kurilla. Israel falls under Centcom’s area of responsibility.

-ABC News' Luis Martinez

Israeli Prime Minister Benjamin Netanyahu made a video statement on social media, saying simply, “We are at war. We will win," in his first comments, made in Hebrew, after the attack.

"Citizens of Israel, we are at war, not in an operation or in rounds, but at war. This morning, Hamas launched a murderous surprise attack against the State of Israel and its citizens. We have been in this since the early morning hours. I convened the heads of the security establishment and ordered – first of all – to clear out the communities that have been infiltrated by terrorists," Netanyahu said. "This currently is being carried out. At the same time, I have ordered an extensive mobilization of reserves and that we return fire of a magnitude that the enemy has not known. The enemy will pay an unprecedented price. In the meantime, I call on the citizens of Israel to strictly adhere to the directives of the IDF and Home Front Command. We are at war and we will win it."

The United States is warning against other countries from becoming involved in the Israel-Gaza conflict amid fears that it could spread into a wider war in the Middle East.

"This is not the moment for other parties who are hostile to Israel to seek advantage or to seek to exploit the attacks that have taken place," Jon Finer, deputy national security adviser to U.S. President Joe Biden, Monday on "Good Morning America."

"That is part of why the United States has moved the Carrier Strike Group to the eastern Mediterranean to send a strong and unmistakeable signal that no one else should get involved in this," he added. "We'll see how things unfold in the course of the coming days."

Finer also emphasized that the U.S. believes "Israel has every right to defend itself full-stop."

"Israel will ultimately make the decisions about how it chooses to go about and conduct that defense," he said. "We are offering support in a number of ways."

Finer noted that "more U.S. steps to show support and solidarity for Israel" can be expected.

"The U.S. is going to offer support at every level for Israel's defense and we are working through details those details with our intelligence professionals, our military and our diplomats," he added. "We are in daily -- in fact, many times a day -- contact with Israeli counterparts to see what they need and offer it."

The U.S. "strongly suspect[s] that there will be American citizens among those killed" in the ongoing conflict, according to Finer.

"We are looking obviously very intensively into whether there were any Americans were among those who have been abducted and brought to Gaza. This is still ongoing," he said. "There is still fighting inside Israel as we speak and there is a bit of fog of war in terms of the ability to gather specific information. And so, we will have much more to say about this at the right time."

When asked for comment on a recent report by The Wall Street Journal that Iran was behind Hamas' latest attack on Israel, Finer responded: "We have no direct information to confirm that report. We've obviously seen it, we're looking into it, but we do not have the ability to corroborate it at this time."

"What we can be quite clear about is that Iran is broadly complicit in these attacks for having supported Hamas going back decades -- for having provided financial support, for having provided training, for having provided weapons to Hamas," he added. "What we don't have is direct information that shows Iranian involvement in ordering or planning the attacks that took place over the last couple days. It's something that we’re going to keep looking at closely."