Oil jumps 2% as Israel expands Lebanon offensive, rattling ceasefire hopes
- Posted on June 1, 2026
- By CNBC
- 1 Views
- 1 min read
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.