Oil Prices Rise More Than 2% as Israel Steps Up Incursion Into Lebanon ^34.7%

Newsmax - By Colleen Howe - 6/1/2026, 12:42 AM

Post Hoc (False Cause) 43.2% - Unattributed Quote 15.9% - Ambiguity (Equivocation) 14%

Oil prices rose more than 2% in early trading on Monday after ‌Israel ordered troops to move further into Lebanon in the battle with the Iranian-backed Hezbollah militant group, despite a ceasefire announced more than six weeks ago. U.S. crude futures rose $2.37 or 2.71% to $89.73 a barrel as of 0028 GMT. Brent futures rose $2.16 or... more