Aug 21 : Oil prices edged lower on Friday but were on track for a second straight weekly gain after the United States threatened to impose "the toughest sanctions in history" with no end in sight for disruptions to Middle East oil flows.Brent crude futures fell 17 cents, or 0.18 per cent, to $93.61 a barrel b

Oil prices rise for a second week due to US-Iran tensions. Oil reaching a new all-time high by December 31 at 13.5% YES.

Oil prices are maintaining their momentum, showing potential for a second consecutive week of gains. The escalating tensions between the US and Iran are creating disruptions in…