Brent for November settlement was 0.6% higher at $96.05 a barrel as of 12:02 p.m. Oil headed for its biggest weekly gain since July as renewed US-Iran hostilities heightened concerns about prolonged disruptions to energy flows through the Strait of Hormuz. Key points and original sources are listed below.

• Brent for November settlement was 0.6% higher at $96.05 a barrel as of 12:02 p.m. in Singapore.S1

• Oil headed for its biggest weekly gain since July as renewed US-Iran hostilities heightened concerns about prolonged disruptions to energy flows through the Strait of Hormuz. Bloomberg's Onur Ant has the latest. (Source: Bloomberg)S2