Oil prices have fallen as Iranian President Donald Trump postpones attacks on Iranian energy plants. Brent futures fell by 0.8%, to $107.11 per barrel, while U.S. West Texas Intermediate futures lost 83 cents, or 0.88%, due to fears of further escalation. Despite this, Brent is set for its first weekly fall in six weeks and WTI has fallen for a second consecutive week. The war on Iran has nearly halted shipments through the Strait of Hormuz, which carries about a fifth of the world's crude oil and LNG supply. The situation is described by an Iranian official as "one-side" and "unfair".