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Oil prices had dropped on Thursday as Greenland tension

subsided

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Supply disruption concerns offered price support

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Kazakhstan's Tengiz oilfield yet to resume output

LONDON, Jan 23 (Reuters) - Oil ‌prices rebounded on

Friday after U.S. President Donald Trump renewed threats against

Iran, raising ​concerns of military action that could disrupt

crude supplies while ‍there are outages in Kazakhstan.

Brent crude futures ⁠for March rose ⁠76 cents, or

1.2%, to $64.82 a barrel by 1026 GMT. U.S. West Texas

Intermediate ‌crude was up 75 cents, ​or 1.3%, at $60.11.

Both benchmarks were set for weekly gains of about 1.1%.

Prices had also climbed ⁠earlier in the week on ‍U.S. ​President

Donald Trump's moves on Greenland but dropped by about 2% on

Thursday as he backed off tariff threats against ‍Europe and

ruled out military action.

Trump said on Thursday that Denmark, NATO and the U.S. had

reached a deal that would allow "total access" to Greenland.

However, he also said that the U.S. has an "armada" heading

towards Iran but hoped ​he ‍would not have to use it, renewing

warnings to Tehran against killing protesters or restarting its

nuclear programme.

Warships including ​an aircraft carrier and guided-missile

destroyers will arrive in the Middle East in the coming days, a

U.S. official said. The United States conducted strikes on Iran

last June.

Iran is a major exporter to China, the world's

second-largest oil consumer.

Meanwhile, Chevron ( CVX ) said that oil output ​at Kazakhstan's

vast Tengiz oilfield, one of the world's largest, has yet to

resume after Chevron ( CVX )-led operator Tengizchevroil (TCO) announced

a shutdown on Monday following a fire.