Oil prices ease and world shares are mixed as energy supply worries over Iran war remain

HONG KONG (AP) — Oil prices on Friday pared earlier gains on the intensifying Iran war, falling back to around $108 a barrel, as Iran strikes Gulf energy facilities, while world shares were mixed following Wall Street losses.

U.S. futures edged up 0.1%.

Oil prices had a roller-coaster day on Thursday with the Brent crude, the international standard, briefly surging to around $119 per barrel as attacks by Iran on oil and gas facilities around the Gulf escalated after Israel’s attack of Iran’s key natural gas field.