Oil Prices Set for Best Week Since March

Brent futures rose 0.7% to $105.81/bbl and WTI fell 1% to $94.85/bbl, setting up biggest weekly gain since early March.
Brent up 16.4% and WTI up 12.6% for the week, driven by continued closure of the Strait of Hormuz.
US‑Iran peace talks resumed in Pakistan, with officials including Abbas Araghchi, Steve Witkoff and Jared Kushner slated to meet.
Goldman Sachs estimates Gulf crude output fell 57% (14.5 million bpd) from pre‑war levels, prolonging supply constraints.