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Oil set for second weekly rise as unsettled US-Iran war crimps supply Oil prices were little changed on Friday, but were on track for a second weekly rise as the stalemated U.S.-Iran war continues to disrupt supply from the key Middle East producing region. Brent crude futures rose 4 cents to $93.82 a barrel by 0142 GMT, after climbing 2.4% in the previous session. U.S. West Texas Intermediate crude futures slipped 6 cents to $86.78 a barrel, after climbing 2.3% in the prior session. During the previous five days of gains, Brent gained more than 7% and WTI climbed more than 8%, reaching their highest since July 24. Prices have climbed on concerns the inconclusive state of the U.S.-Israeli war on Iran will mean the continued curtailment of supply from major oil producers such as Saudi Arabia, Iraq, the UAE and Kuwait. The earlier peace deal between them expired this week with no effort by either side to restart talks and U.S. President Donald Trump threatened economic retaliat...
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