Mumbai, May 15 -- WTI crude futures surged toward $100 per barrel in Asia electronic trades on Friday, heading for a weekly gain of over 4% as disruptions in the Strait of Hormuz intensified global supply concerns. Markets remained on edge after US-Iran peace talks failed to deliver a breakthrough, keeping the vital shipping route largely constrained and weakening hopes for a lasting ceasefire. The IEA warned that global oil markets could remain materially undersupplied through October, citing a sharp decline in crude and fuel flows through the strait. Additional support came after President Donald Trump said China is seeking more US oil supplies amid ongoing shipping disruptions and reported vessel attacks in the region. However, gains wer...