Oil prices increased Friday due to concerns over potential supply disruptions from Iran amid intensifying protests and escalated attacks in Russia's war in Ukraine. Despite these worries, rising global oil inventories may limit further price hikes. Market attention is also on potential Venezuelan oil export deals. Brent futures settled at $63.34 and WTI crude at $59.12, with both benchmarks rising over 2% for the day and over 3% for the week.