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

· cnbc.com

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

The Sea Voyager crude oil tanker anchored off the Port of Long Beach in Long Beach, California, US, on Thursday, May 7, 2026.

Oil prices rose Monday after Isra...


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