Peace reigns between Israel and the Hizbollah forces for the third day, reports CNBC-TV18.
Israeli forces continued to pull out of parts of south Lebanon even as Israel said some troops would stay on until the UN peacekeeping force came in. The Hizbollah forces though, has said that they have the right to continue attacking the Israeli forces remaining in Lebanon.
The Israeli withdrawal is expected to take anywhere between a week to 10 days.
The continued withdrawal of troops pushed crude prices below the 73 dollars per barrel mark, as supply worries eased.