Crude oil prices rise over 2% as Israel expands Lebanon offensive

Iran Herald · June 1, 2026 War

New Delhi [India], June 1, (ANI): Oil prices climbed more than 2 per cent on Monday as the West Asia conflict rages, with Israel expanding its ground offensive in Lebanon over the weekend. The capture of the Beaufort Castle in southern Lebanon across the Liatni river marks the deepest incursion by Israel in Lebanon.