Oil prices surged over 2% on Monday amid escalating tensions in the West Asia region, particularly following Israel's intensified military offensive in Lebanon. The Israeli forces captured Beaufort Castle, marking a significant advancement in their operations against Hezbollah. U.S. crude futures rose by $2.37 (2.71%) to $89.73 per barrel, while Brent crude climbed $2.16 (2.37%) to $93.28. Despite recent peace talks between Israeli and Lebanese officials, the conflict has reignited, with both sides accusing each other of ceasefire violations. Additionally, U.S. military strikes on Iranian positions and missile threats reported in Kuwait have further heightened concerns in the energy market. While China's recent manufacturing data suggests potential demand weakness, the ongoing conflict and the closure of the Strait of Hormuz continue to exert upward pressure on oil prices.