Oil Prices Ease As US Pulls Out All Stops To Secure Supply

Oil prices pulled back Friday, but not because the market suddenly feels safe. This is more of a tactical breather than a trend change. Brent slipped back toward the $109 level, while WTI hovered in the high-$90s, easing from the week’s Thursday spike that briefly pushed Brent near $120. The trigger wasn’t a shift in fundamentals—it was policy. Washington is scrambling to throw barrels at the problem, and allies are lining up behind a coordinated effort to stabilize flows through the Strait of Hormuz, including by sending additional…