WTI and Brent crude jump more than 3%, capping a strong week as traders react to tighter supply signals and widening spreads across global oil benchmarks.

Crude oil futures rose Friday, lifting global energy markets as WTI, Brent and OPEC benchmarks gained, even as some regional crude grades slipped.

WTI crude oil surged to $105.42 amid U.S.-Iran tensions. WTI above $105 on May 15 now at 68.5% YES.

Brent crude rises $3.54 amid US-Iran tensions. WTI closing above $103 on May 15 at 9.0% YES.

WTI and Brent crude jump more than 3%, capping a strong week as traders react to tighter supply signals and widening spreads across global oil benchmarks.

Oil prices surged this week as U.S. President Trump and Iran's foreign minister exchanged remarks, dampening hopes for a near-term agreement on ship attacks around the Strait of…