London, March 6, 2026 – Crude oil was headed on Friday for its sharpest weekly gain since Russia launched its full-scale invasion of Ukraine in February 2022, as conflict in the Middle East kept shipping and energy exports through the vital Strait of Hormuz blocked. Brent crude futures have surged 20% this week, while West Texas Intermediate has jumped 25%. On Friday, Brent extended its climb and was up $2.09, or 2.45%, to $87.50 per barrel at 0953 GMT. WTI rose $3.76, or 4.64%, to $84.77. Both benchmarks traded at …

