Oil prices spike after US, UK airstrikes on Houthis in Yemen

Crude oil (CL=F, BZ=F) prices are jumping higher Friday after the US and UK military coordinated airstrikes on Iran-backed Houthi rebels in Yemen on Thursday. These events further complicate escalating conflicts in the Red Sea where Houthi forces are targeting freight shipping vessels.
Yahoo Finance Senior Reporters Ines Ferré and Jared Blikre detail the broader implications on global trade routes and the energy sector, while also commenting on energy M&A activity stemming from Chesapeake Energy Corporation's (CHK) acquisition of Southwestern Energy Company (SWN).
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[davidk]

Anytime someone sneezes in the Middle East the price of oil increases. This is getting ridiculous. Need to rid our dependence on foreign oil.

[alfonsoarmendariz]

Of course the ceo had a bad bowel movement and the price goes up

[kelliemanygoats]

If America was drilling its own oil. This would not effect our gas and diesel prices

[D.A.OhK.]

Classic Big Oil move. Jack up prices at the drop of hat. Slowly lower them after the knee-jerk reaction was found to be unjustified.

[jasondk]

Sure would be nice to be energy independent!

[JoseReyes-hzxm]

We no like oil no more only electric😂😂😂😂😂😂😂😂😂

[Jmg]

😂😂😂 Of course they had to find an excuse to raise prices and if not they will provoke it, are oil companies funding the “tensions”? I think so

[gregrodgers]

Here we go again oil prices go up again

[Whatsa-jaguar-now]

Wouldn't be able to if the U.S. weren't so "nimby". We have more than enough

[LSorensonDiscGolf]

Wow I’m shocked that the people who tax us a percentage of what we buy are increasing the overall price of what we buy thus increasing the tax they collect. And I’m not even shocked that they did it at the expense of whatever those rockets cost. Must be worth it.

[davidwhite]

Oil dropped by $2.81 3 days ago, it goes up and down that’s why people are buying electric cars there’s just to much greed in oil

[MrBakedDaily]

Maybe the usa should gets it oil from venuzuela or its neibors

[etimsam]

This is only the beginning. The Lord had showed all these in his truth. It is only the beginning. If you have ears to hear, repent; for the kingdom of heaven is at hand!