Oil set for biggest weekly gain in three months as Russia cuts fuel exports

Core Viewpoint - Oil prices are experiencing a significant increase, marking the steepest rise since early June, driven by Ukraine's attacks on Russia's energy infrastructure, which are prompting Moscow to restrict fuel exports [1] Group 1 - Oil prices have edged up on Friday, indicating a potential upward trend in the market [1] - The current rise in oil prices is attributed to geopolitical tensions, particularly Ukraine's actions against Russian energy assets [1] - Moscow's response includes restricting fuel exports, which could further impact global oil supply [1]