Brent drops to $106.52 but posts weekly gain on Middle East tensions

Brent crude fell to $106.52/bbl on Friday morning, yet is set to close the week with active gains driven by escalating Middle East tensions. The intraday drop suggests profit-taking or a temporary de-escalation signal, while the weekly rise reflects sustained geopolitical risk premium. Uncertainty centers on whether the tension-driven rally persists or reverses if diplomatic efforts advance.