Oil prices eased about 1% on Friday as traders worried that Washington's tariff wars could spark a global recession, but for the week, prices were headed for their third weekly gain as the U.S. ramped up pressure on Venezuela and Iran.

Oil prices posted their third consecutive weekly gain but wobbled at week's end on concerns about tariffs and global demand

Oil headed for a third weekly advance as the market braces for more tariffs from the Trump administration. Brent traded near $74 a barrel after closing 0.3% higher on Thursday, wh