Oil Retreats from Above $100, but Set for Weekly Rise on Middle East Escalation

  Summary Brent, WTI down over $3 earlier in session; set for around 10% weekly gain Trump vows to punish Iran for Houthi attacks in the Red Sea Hormuz tanker crossings subdued (Reuters) – Oil futures prices fell over 3% on Friday but are still set for hefty ‌weekly gains because of concerns about disrupted … Read more