Oil prices were mixed on Friday, but set for their second weekly decline, as the US plans to continue its Iranian blockade, reducing the chance of renewed large-scale fighting ​that could disrupt Middle East supplies, though attacks on shipping remain a danger. Brent futures were ‌little changed, down 1 cent at $95.41 a barrel at 0242 GMT. West Texas Intermediate (WTI) declined by 20 cents, or 0.25%, to $88.52 a barrel. Friday's declines reversed two days of gains amid a volatile trading week with earlier hopes for a rapprochement ​of the US-Israel war against Iran, now in its ninth month, offset by strikes on Saudi ​Arabian infrastructure by Yemen’s Houthis and attacks on tankers transporting crude out ⁠of the Gulf. Despite the swings in prices amid the inconclusive war, Brent is set for a 2.4% ​drop this week, after plunging 16% the previous week, while WTI is set for a 2.5% decline, ​after dropping 13% previously. Prices slipped on Friday after US President Donald Trump said on Truth Social that a deal with Iran was not necessary to end the war, indicating he will stick with the blockade on oil shipments and trade and economic ​sanctions. The overall decline in prices over the past two weeks reflects a good assessment of the risks ​to the market, said Chris Brankin, global advisor for Melbourne-based brokerage MiTrade. "I think the oil market is priced to perfection ‌at ⁠this point," he said, adding that prices have bounced back a bit but without much conviction on the part of traders, which shows they are following closely what is happening in the Middle East. Read: Hormuz disruptions lift oil prices Despite the easing prices, risks remain for oil shipments out of the Strait of Hormuz, the key waterway for crude ​exports from the main ​Middle East producers. On Thursday, ⁠Iran's military said four oil tankers were hit by explosions in the Strait of Hormuz after ignoring warnings. Reuters could not immediately verify the Iranian accounts. That ​same day, Yemen's Houthis said they had attacked a pumping station on the ​Saudi East-West ⁠oil pipeline; an oil facility in the Saudi Red Sea city of Yanbu; and an Aramco building in the capital Riyadh. Also pressuring prices, US crude and fuel inventories rose last week, driven by softer refined products demand ⁠and ​a jump in oil imports, the Energy Information Administration said on ​Thursday. Crude inventories rose by 4.7 million barrels to 414.4 million barrels in the week ended November 6, the EIA said, compared with ​analysts' expectations in a Reuters poll for a 1.1 million-barrel draw.