February 23, 2025

Brent oil prices eke out weekly gain as U.S. targets Iran exports and tariff fears fade

 Brent oil prices eke out weekly gain as U.S. targets Iran exports and tariff fears fade

Brent oil prices eke out weekly gain as U.S. targets Iran exports and tariff fears fade

Global benchmark crude prices posted their first weekly gain in a month Friday, finding support as the U.S. looked to reduce Iranian crude exports and after President Donald Trump did not immediately impose reciprocal tariffs on U.S. trading partners.