news

Oil prices jump as Israel advances deeper into Lebanon

By CityCalc Newsroom · Mon Jun 01 2026 · Source: AGBI

Oil prices rose on Monday morning after Israeli forces advanced deeper into Lebanon, despite a temporary truce announced with Hezbollah in April. US crude futures (WTI) increased 2.6 percent to $89.61 a barrel as of 03:00 GMT.

Oil prices rose on Monday morning after Israeli forces advanced deeper into Lebanon, despite a temporary truce announced with Hezbollah in April. US crude futures (WTI) increased 2.6 percent to $89.61 a barrel as of 03:00 GMT.

Curated by CityCalc from AGBI. Read the full article at the source.

Related articles

Continue exploring