WTI slips 0.31% to $97.67 as Middle East tensions keep market on edge

WTI crude edged down 0.31% to $97.67/bbl on Friday, with traders weighing ongoing Middle East tensions against broader supply-demand fundamentals. The modest decline suggests the market is pricing in a risk premium but not escalating further, though any new disruption could trigger sharp moves. The development is a continuation of recent volatility driven by geopolitical risk in the region.