Oil prices fell over a percent Friday, extending losses for a third straight session, although both benchmarks remained above $100 a barrel. Hopes that alternative routes could help Middle Eastern barrels reach global markets outweighed concerns over fresh strikes between Saudi Arabia and Yemen's Houthis.
Markets largely looked past the latest threats to supply, even as Saudi Arabia and Yemen's Iran-backed Houthis exchanged fresh strikes across their border on Thursday, widening the conflict's regional footprint.
