Oil prices are headed for weekly gains as markets closely monitor developments in the Middle East.
Brent crude and WTI are both down 0.1% in early European trade at $73.93 and $70.11 a barrel, respectively. Despite this, they are up 1.2% and 2.1% on the week.
U.S. and Israeli negotiators are set to meet again in the coming days to resume ceasefire talks, but Israel’s intensifying strikes on multiple fronts and uncertainties over the scope of…
