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Tag: oil prices surge

Oil prices rise more than 2% as Israel steps up incursion into Lebanon

Posted on June 1, 2026 By admin
Oil prices rise more than 2% as Israel steps up incursion into Lebanon

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Oil prices rose more than 2% in early trading on Monday (June 1, 2026) after Israel ordered ​troops to move further into Lebanon in the battle with the Iranian-backed Hezbollah militant ‌group, despite a ceasefire announced more than six weeks ago. U.S. ​crude futures…

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