Oil prices climb as Iran tensions push Brent to five-month high

U.S. President Donald Trump accused Iran on Thursday of trying to manipulate the oil market, as Brent crude futures hit a five-month high and U.S. oil held above $100 per barrel. Brent futures were on track for a weekly rise of 3.3%, marking their third consecutive week of gains and trading at their highest since early May. WTI futures were on track for a weekly decline of 1.1%, snapping two consecutive weeks of gains, as traders monitored Middle East developments. Iran's Islamic Revolution Guards Corps reported four vessels struck and caught fire in the Persian Gulf, with three more hitting mines in the Strait of Hormuz. Saudi Aramco reportedly told staff to evacuate its Dhahran headquarters following Houthi rebel attacks.