Oil headed for steepest weekly gain since mid-July on US-Iran tensions
Oil prices rose on Friday, heading for steepest weekly gain since mid-July, as rising tensions and renewed U.S.-Iran hostilities heightened Middle East supply risk concerns. Brent climbed 54 cents (0.6%) to $96.06 a barrel by 0100 GMT.
Oil prices rose on Friday, heading for their steepest weekly gain since mid-July, as rising tension and renewed U.S.-Iran hostilities heightened concerns over Middle East supply risks.Brent crude futures ICEEUR:BRN1! rose 54 cents, or 0.6%, to $96.06 a barrel by 0100 GMT, while U.S.
West Texas Inte…