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geopoliticsbullishWTIPublished Jun 8, 2026, 6:30 AM

Israeli strikes on Lebanon drive oil prices higher amid Middle East tensions

Israeli strikes on Lebanon drive oil prices higher amid Middle East tensions
Oil prices climbed more than 2% following Israeli strikes on Lebanon on June 7, 2026, with Brent crude surging as traders priced in supply risks from the ongoing Iran conflict. Escalation fears also boosted defense stocks while pressuring broader equities.

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