Brent crude is on track for its most significant weekly advance in three months, driven by escalating military tensions in the Middle East.
The price surge reflects growing market anxiety over potential supply disruptions as hostilities intensify in the Gulf region.
The energy rally stands in stark contrast to equity markets, where Asian stocks opened lower on Friday.
Global indexes faced headwinds from weakness in the semiconductor sector, with chipmakers weighing heavily on investor sentiment.
The divergence highlights a flight to safety and supply-risk premiums in commodities, even as risk assets face pressure from sector-specific drags.
This repricing follows a volatile period for regional markets.