Oil Edges Higher, Poised for Second Weekly Gain as U.S.-Iran Conflict Disrupts Middle East Supply
Oil prices were little changed on Friday but remained set for a second consecutive weekly increase as the unresolved U.S.-Iran war continues to curtail output from major Middle East producers. Brent traded near $93.82 a barrel and U.S. WTI around $86.78, after both benchmarks climbed in the prior session and rose strongly over the last five trading…