Oil prices diverged on Friday in volatile trading on mounting geopolitical tensions after the United States imposed new sanctions on Iran, but the weak dollar under the pressure from mixed U.S. non-farm payroll report provide a support to oil. Front-month U.S. West Texas Intermediate crude futures rose 0.39 percent to $53.85 a barrel. Front-month Brent crude futures settled down 0.04 percent to $56.72 a barrel. The spread between the two benchmarks stood at $2.87 a barrel.

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