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Oil Prices Rise More Than $2 on Israel Strikes on Lebanon
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By Reuters
Published 1 month ago on
June 7, 2026

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. (Reuters File)

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Oil prices were up more than $2 a barrel in early trading on Monday after Israel on Sunday launched strikes on the Beirut area for the first time since the U.S. announced a ceasefire plan for Lebanon.

U.S. crude futures were up $2.57 at $93.11 per barrel as of 2215 GMT, while Brent crude futures rose $2.67 to $95.76 a barrel.

(Reporting by Colleen Howe; Editing by Edmund Klamann)

 

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