Oil headed for its biggest weekly advance since April as the escalating conflict between the US and Iran raised concerns about disruptions to supply from the Middle East.
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Oil dipped, though remains higher for the week, as traders balanced profit-taking with concerns about disruptions to Middle East flows.
Oil narrowly held onto a three-day winning streak as the US launched fresh strikes on Iran in response to a spate of attacks on shipping vessels and American diesel stockpiles posted a sizeable increase.
