Eco
Oil prices are heading for weekly gains this Friday, as attacks on oil tankers in the Red Sea sparked fears of a second strategic shipping lane closing, while Kazakhstan temporarily cut production after its main export route was forcibly shut. By 01:26 GMT, Brent crude futures fell 72 cents (0.72%) to $99.97, but are on track for a 13.5% weekly gain. West Texas Intermediate futures dropped 70 cents (0.76%) to $91.49, poised for a 10.9% weekly rise.
