Brent crude rose 1.7% to $106.88/bbl and WTI up 1.4% to $97.21/bbl, heading for best week since early March.
President Trump said he will not rush a deal with Iran and ordered “shoot and kill” on vessels mining Strait of Hormuz.
Hormuz supplies ~20% of global oil; Saudi Arabia and Qatar seek alternative routes, but flows remain a fraction of pre‑war levels.