Brent settles higher near $80 a barrel
Oil prices found support from a smaller-than-expected crude draw, which signaled stabilizing supply.
The drawdown in US crude inventories was smaller than forecast, while distillate stocks built more than expected.
The escalation between Washington and Tehran, including the disabling of a tanker, had a limited impact on prices.
Gulf oil exports have fallen to roughly half of pre-war levels, which could drive prices higher if the disruption persists