Global oil prices slip 1% for third day on hopes of limited supply disruptions

Oil prices fell about 1% for a third straight session on Friday, but remained above $100 a barrel, as hopes of alternative routes for Middle Eastern crude reaching global markets outweighed concerns over fresh strikes between Saudi Arabia and Yemen's Iran-backed Houthis.Brent crude futures fell $1.01, or 1%, to $103.77 a barrel by 0020 GMT, while US West Texas Intermediate futures fell $1.03, or 1%, to $100.88 a barrel. Both benchmarks had closed about 1% lower on Thursday.Markets largely shrugged off fresh supply concerns as Saudi Arabia and the Houthis exchanged strikes across their border on Thursday, widening the Middle East war front.Oil prices had climbed to around four-month highs earlier this week after crude loadings at Saudi Arabia's Red Sea export hub of Yanbu were suspended and Riyadh cancelled some deliveries to Europe following damage to its East-West pipeline in an attack last week.Three pumping stations along the pipeline…