Oil prices dip but remain set for weekly gains amid ongoing West Asia supply risks and inflation concerns.

Oil prices saw a slight dip Friday but are set for weekly gains. US and Iran exchanged strikes, escalating regional tensions and impacting supply routes. Concerns over rising…

Even with Friday's decline, both crude benchmarks were set to end the week higher. Brent was on course to gain about 6%, while WTI was poised to rise nearly 5%.

Oil prices dip but remain set for weekly gains amid ongoing West Asia supply risks and inflation concerns.

Brent on track to post a weekly gain of around 6 per cent