Oil traders brace for big moves next week as the fallout from U.S. and Israeli strikes on Middle East oil supply stays unclear. On Friday, Brent crude closes at a seven-month high of $72.87 on war fears. Analysts say prices will calm down if shipping and key sites stay safe. Disruption of Iranian exports could tighten global supply. Iran ships about 1.6 million barrels a day, mostly to China. Another risk is the Strait of Hormuz, which handles about 20% of global oil. Experts say Iran has little reason to close it.
