Oil Prices Rise Amid Escalating U.S.-Iran and Israeli-Lebanese Conflicts

Crude oil prices surged over 3% as renewed military actions between the United States and Iran, along with intensified Israeli operations in Lebanon, raised concerns about Middle East energy supply stability. By Monday morning, U.S. crude futures reached $90.24 per barrel while Brent crude hit $93.90.

By Fiona Craig Mon, June 1, 2026 at 12:22 PM GMT+3 4 min read · Yahoo Finance ·

Oil Prices Rise Amid Escalating U.S.-Iran and Israeli-Lebanese Conflicts

Topics: Israel-Lebanon_operations oil_prices U.S.-Iran_conflict

Read the full article at Yahoo Finance

More World news