LONDON, March 13 (Reuters) - Euro zone government bonds

were on track for their second consecutive weekly selloff on

Friday, as lingering concerns over the inflationary impact of

the Middle East war pushed yields higher.

Oil prices gained, with Brent crude futures headed

for a weekly jump of nearly 10% despite efforts to ease the

energy supply shock.

The U.S. issued a 30-day waiver for ​countries to buy

sanctioned Russian oil and petroleum products currently stranded

at sea, days after the International Energy Agency agreed to

release a record 400 million barrels of oil from its stockpile.

However, investors have largely shrugged off these measures,

betting that they would not be enough to cushion the blow from

disruption in the Strait of Hormuz.

Germany's 10-year government bond yield rose 3.4

basis points to 2.9776%, as prices fell. The yield on the

interest-rate-sensitive 2-year bond rose 1.7 bps to

2.4215%.

Italy's 10-year government bond yield rose 8 bps

to 3.8134%.