Oil price today: Brent crude, WTI over $100 per barrel for first time in 4 months

Oil prices extended their gains on Friday, with both major benchmarks on track to finish the week above $100 a barrel for the first time since mid-May, as growing attacks along key shipping routes in the Middle East heightened concerns over prolonged supply disruptions.Around 7:30 am IST, Brent crude was trading at $107.70 a barrel, up 0.03%, while WTI crude stood at $102.50 a barrel, unchanged. Both benchmarks had surged more than 6% on Thursday, taking their weekly gains to nearly 13%, the steepest increase since the week ended July 17.The latest rise came as risks to oil shipments increased across both the Red Sea and the Gulf.