LONDON, July 24 : Oil futures prices fell over 3 per cent 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 nearly $4, or 3.96 per cent, to $96.70 a barrel at

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.

Oil prices hit a six-week high on Wednesday, with Brent crude racing past ninety-five dollars a barrel. The growing tensions between the U.S. and Iran have sparked fears of supply…