Oil prices set for second weekly decline as Trump sticks with Iran blockade

NEW DELHI/PERTH: Oil prices inched down on Friday and were headed for a second weekly decline as a continued US blockade of Iran eased fears of renewed fighting in the Middle East, though shipping attacks remained a supply risk. Brent futures fell 28 cents, or 0.29%, to $95.54 a barrel at 0527 GMT. US West Texas Intermediate (WTI) futures declined by 56 cents, or 0.63%, to $88.18 a barrel. Friday’s declines reversed two days of gains amid a volatile trading week, with earlier hopes for a rapproc

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