Oil Futures Jump 3% as Netanyahu Orders IDF Strikes on Beirut's Dahiyeh District

TigerJun 1, 2026 6:58 AM

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On June 1 local time, Israeli Prime Minister Netanyahu posted on social media saying he had instructed the Israel Defense Forces to strike targets in the Dahiyeh district in Beirut's southern suburbs.

WTI crude oil futures jumped 3.23% to $90.18 a barrel; Brent oil futures jumped 2.94% to 93.8 a barrel.

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