Brent crude jumps 2.4% as Israel expands Lebanon offensive amid ceasefire

Brent crude rose sharply on Monday as a renewed Israeli push into Lebanon unsettled oil traders already watching fragile US-Iran diplomacy and disrupted flows through the Strait of Hormuz. The global benchmark climbed 2.4% to $93.35 a barrel, while West Texas Intermediate rose to $89.78, as markets reacted to Israel’s decision to expand military operations deeper into Lebanon. The move has raised fresh doubts over whether a broader regional pause can hold, especially with Washington still trying