Two Palestinians were shot dead on Thursday after allegedly attacking an Israeli soldier in the occupied West Bank city of Hebron.
The Palestinian Health Ministry also confirmed the deaths of the two Palestinians, who have not yet been identified.
The Israeli soldier is in stable condition with light injuries, medics said.
The violence between Palestinians and Israelis have been partly fuelled by Palestinian frustration over the collapse of the US-led peace talks in 2014 and illegal growth of Jewish settlements on Palestinian lands.
Israel has been criticised for using excessive force in dealing with the alleged stabbing attempts. Palestinian deaths have increased since October 1.
A recent video went viral of an Israeli soldier shooting a Palestinian teen in Hebron as he lay wounded on the ground next to an ambulance which was seen to have refused to provide medical aid.
Israeli soldiers assassinate wounded Palestinian, using ambulance for cover after it refused to medically aid him pic.twitter.com/TBKPdBYsaC
— Palestine Video (@PalestineVideo) March 24, 2016
The teen was alleged to have been involved in injuring an Israeli soldier with a knife and the footage of the scene was released by Israeli human rights organisation B'Tselem.
Philip Luther, director of the Middle East and North Africa Programme at Amnesty International, called for an end to the "unlawful executions."
"The shooting of a wounded and incapacitated person, even if they have been involved in an attack, has absolutely no justification and must be prosecuted as a potential war crime," he said.
Luther said Israeli forces have a long history of carrying unlawful killings in the occupied Palestinian territories, Amnesty international has documented numerous similar cases during the upsurge of violence that began in October.
"While it is encouraging that the soldier in the video has reportedly been suspended and placed under investigation, previous Israeli investigations have failed to hold members of the Israeli forces accountable even when there has been clear evidence of criminal wrongdoing. The Israeli authorities must use this opportunity to end the culture of impunity that has made such killings increasingly commonplace," he added.
The bloodshed has since claimed the lives of at least 200 Palestinians, 28 Israelis, two Americans, an Eritrean and a Sudanese national.
Israel alleges some 130 of the Palestinians killed were assailants. Most of the others were shot dead during protests and clashes.
Israeli Prime Minister Benjamin Netanyahu was enraged at the European Union in January after Stockholm’s top diplomat, Margot Wallstrom, called for an investigation into whether Israel carried out extrajudicial killings of Palestinians.
Palestinians say that the recent violence is the result of frustration from nearly half-a-century of occupation and they accuse Israel of using excessive force to suppress the unrest.
After Palestine was forcefully occupied by Israel in 1967, many Palestinians had their citizenships revoked.
Only a very few percent of Palestinians are given residency permits, allowing them to work in certain areas.
More than 70 percent of the United Nation’s member states, representing 80 percent of the world's population, have recognised the state of Palestine, while Israel refuses to do so.
Palestinian authorities have said that the younger generation has no hope for their future living under tight Israeli security measures and a weak economy.