Oil jumps 2% as Israel expands Lebanon offensive, rattling ceasefire hopes

Oil prices surged on Monday after Israel instructed troops to push deeper into Lebanon amid renewed clashes with the Iran-backed Hezbollah group.

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Jun 1, 2026 - 03:31
Oil jumps 2% as Israel expands Lebanon offensive, rattling ceasefire hopes
Oil prices surged on Monday after Israel instructed troops to push deeper into Lebanon amid renewed clashes with the Iran-backed Hezbollah group.
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