Oil prices are pairing gains on Friday, with Brent crude dropping below $100, but have climbed more than 10% this week as clashes between the U.S. and Iran continue to escalate.
The international benchmark fell 2.85% and stood at $97.82 per barrel at 9:46 a.m. ET, while West Texas Intermediate, the U.S. benchmark, dropped 2.36% and stood just above $90 a barrel at the same time.