Oil on track for weekly loss even as Iran tensions simmer

Oil prices fell on Friday and are on track to snap a two-week winning streak, despite settling ​higher in the previous session following a report that U.

Trump, however, said Russian President Vladimir Putin will not attack a North Atlantic Treaty Organization (NATO) country, and he downplayed media reports that ⁠CIA ​Director John Ratcliffe this week had ​warned Russian officials against such an attack.

Earlier on Thursday, Washington ​said it was not in talks with Iran despite diplomatic efforts by other ‌countries ⁠to re-engage the two sides.