Oil prices climbed on Friday, with the July Brent crude futures contract rising 1.11% to $111.63 per barrel.

The move followed a volatile session earlier in the week, during which the June contract briefly hit a four-year high before settling at $114.01.

The market reaction reflects growing uncertainty around the U.S. military posture in the region and the implications for global energy flows.

The rise in oil prices underscores the sensitivity of energy markets to geopolitical developments.

The 60-day deadline under the War Powers Resolution, which requires the U.S. president to withdraw troops if Congress has not authorized continued deployment, has intensified speculation about potential escalation in the U.S.-Iran standoff.

This has led to a repricing of risk in the energy sector, with Brent crude and other key benchmarks showing increased volatility.