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Oil prices rose more than two per cent in early trading after Israel ordered troops to move further into Lebanon in the battle with Hezbollah, despite a ceasefire announced more than six weeks ago.
US crude futures rose $2.37 or 2.71pc to $89.73 a barrel as of 0028 GMT. Brent futures rose $2.16 or 2.37pc to $93.28 a barrel.
