Oil prices surged over 2% on Monday after Israel launched fresh strikes on Lebanon, raising fears of renewed Middle East tensions and potential disruptions to crude flows through the Strait of Hormuz. U.S. crude climbed to $92.64 a barrel, while Brent crude rose to $95.42 a barrel.

PERTH/ BEIJING, June 8 : Oil prices jumped more than $4 on Monday, with investors spooked by fresh Israeli strikes on Iran as well as renewed attacks on Lebanon a day earlier.…

BEIJING, June 8 : Oil prices were up more than $2 a barrel in early trading on Monday after Israel on Sunday launched strikes on the Beirut area for the first time since the U.S.…