LONDON, July 24 : Oil futures prices retreated on Friday but are still set for hefty weekly gains because of concerns about disrupted energy flows in the Red Sea and fears of further escalation in the U.S.-Israeli war with Iran. Brent futures fell $1.82, or 1.81 per cent, to $98.87 a barrel at 0747 GMT, havi

Brent crude futures rose 0.55 per cent, or 50 US cents, to US$91.51. Read more at straitstimes.com. Read more at straitstimes.com.

July 23 : Oil prices rose more than 1.5 per cent to their highest in more than six weeks on Thursday, with the United States launching a new round of strikes on Iran and Yemen's…