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BETHLEHEM (Ma'an) -- Two Palestinian-owned vehicles were torched in East Jerusalem early Wednesday morning, police said.

Israeli police spokesman Micky Rosenfeld told Ma'an that "price tag" and "revenge" were sprayed near the burnt out vehicles in Sharafat, a Palestinian village near Gilo settlement.

Police have opened an investigation into the incident but have not yet made any arrests, Rosenfeld said.

The term "price tag" is used by Jewish settlers to describe a policy to attack Palestinians and their property in retaliation for perceived anti-settler actions by the Israeli government.

Attacks are usually carried out in West Bank villages, but the torching Wednesday is the second incident in Jerusalem in recent weeks.

In December, Jewish extremists torched a mosque in Jerusalem and sprayed the Star of David, "price tag," "Muhammad is a pig" and "A good Arab is a dead Arab" in Hebrew on the ancient building's walls.

Jewish extremists have also targeted Israeli army bases in the West Bank in recent months, prompting the Israeli Defense Minister Ehud Barak to describe the attackers as Jewish "terrorists."

Israeli Prime Minister Benjamin Netanyahu rejected a recommendation to label violent Jewish extremists as "terrorists."