Oil dips as traders weigh U.S.-Iran tensions against supply recovery

Oil prices fell on Friday, as investors weighed the risk of further escalation in the Middle East conflict against signs of recovery in some regional supply flows. As of 05:02 ET (09:02 GMT), Brent crude futures expiring in December dropped 2.7% to $99.69 per barrel, while West Texas Intermediate (WTI) crude futures slipped 3.5% to ...