Recently, Yemen-based Houthi militants attacked commercial shipping vessels traveling through the Suez Canal and the Red Sea, in response to the ongoing war between Israel and Hamas. Over 10% of world trade happens through that region, including oil shipments (CL=F, BZ=F).
Yahoo Finance’s Ines Ferré joins the Live show to discuss the current situation as well as how it is currently affecting oil prices.
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#oil #redsea #yahoofinance
Of course ANY EXCUSE to raise oil prices! ANYTHING!
Haven’t blamed Trump , yet .
@@Obeijin The president, on any side, has barely any say on the prices of oil. If oil was really high under Trump it would be incorrect to say it was because of him, the same as it would be to say it was all Biden if prices were really low
@@swordstakerwho signed executive orders to stop drilling for oil in the U.S.?
Maybe if we didn’t give so many people justifiable reasons to hate America and retaliate against our interests. we could all sleep easier and have more money in our pockets
@@swordstaker
I believe you are actually wrong.
Biden SHUT DOWN OUR OIL INDUSTRY.
WE WERE ENERGY INDEPENDENT UNTIL BIDEN CAME INTO OFFICE.
72 EO’S 1 ST WEEK
ONE OF WHICH SHUT DOWN THE OIL INDUSTRY.
BACK PEDDLE OUT OF THAT bubba
Yeah….sure…I really believe you .
Not …
I knew gas prices were starting to come down
I know, right? A Congressman could fart and oil prices jump right after that!
Sadly it wouldn’t have affected the US if Trump was still president.
Really? You are aware that we have record domestic oil production as we try to pivot away from fossil fuels at the same time?
Ah yes, the all-knowing, omnipotent Orange Mussolini…
Wrong! Oil prices are going up because Biden continues to buy oil from other countries rather than use our own. All the while using “climate change” as the reason to drop our production. We’re still consuming the same amount of oil.
Merry Christmas:/
I think the Saudis are raising prices to help 45.
They always find the perfect pretext 🤬
Doesn’t have anything to do with OPEC cutting oil production??
How much production got cut? Well?
@@KaiserBlade”Saudi Arabia confirmed it would continue with its additional voluntary cut of 1 million barrels per day (bpd) translating into a production of around 9 million bpd for December, a source at the ministry of energy said in a statement. “
@@hawleygriffin1800 I guess Biden will have to go back to buying 168,000 barrels per day form PUTIN. That’s how much The US was getting from Russia when Biden lifted Trump’s sanctions on the pipeline. Two years Biden bought Putins oil.
ROFL. Current admin is useless.
So, you’re rolling on the floor laughing over a lie. Sad.
They tick up because Bidens anti energy policies. LONG before the war gas prices went up 80%. The other 20% is from the war.
yah no wont work lol greedy bast….. oil going lower in weeks soon
That’s what the government going for. Anything for their corporate donors. Yea baby.
I thought america was now an oil exporter? Smh. Any excuse to make life more difficult for the little man.
I’m so glad the “adults ” are back in charge.
Everything costs more, we’re fighting 2, soon to be 3, wars, gay po*n being filmed in congress…
Do right wingers think that American boots are on the ground in Ukraine or Israel?
Amy other deflections or strawman?
Bidens doing.
You’ve got a bad case of Biden Derangement Syndrome. 😢 So sad, you can’t help but blame him for anything, especially when he’s not involved.
How????
@@swordstaker Biden lifted Trump’s sanctions on Iran . Iran financed Hamas . Hamas started the war
Biden doing a great job as the best President. 💪
No taxation without representation…… I’m adding zelensky as a dependent on my tax returns.
Zelenskyy is Putin’s gatekeeper to the western world; he needs all the help he can get.
Corporate petroleum executives use any and all excuses to raise prices. Let’s hope it doesn’t rain!
Just wait until Iran shuts down the Strait of Hormuz, that’s when oil prices will really skyrocket.
Damn The Stinking Hoo 🦉 Tees ⛳️🏌♂️🏌♀️~~~🙊🙊🙊
All have sinned (including you and I) against a holy and righteous God and you cannot get into heaven if you’re corrupted by sin. Jesus Christ came down to this earth and lived a sinless life to suffer and die in our place because of our sin. God poured His wrath upon Jesus instead of us so that we can be forgiven. Jesus rose from the dead. Whoever repents and puts their faith in Jesus Christ and what He did on the cross, will be saved from hell. There is nothing we can do to earn our salvation because Jesus paid it all
any% speedrun of contradictions:
“Whoever repents and puts their faith in Jesus Christ and what He did on the cross, will be saved from hell”
Immediately followed by “There is nothing we can do to earn our salvation”
So what is repenting?
Blah, blah, blah.
wow, thanks Biden, says every republican.
No reason for this up tick in oil & gas ! America has plenty & highest prices 50 states !
They’ve wanted an excuse to do this and just wonder how far the reach is for the attacks
“Oil prices tick up over Red Sea attacks and disruptions.” I thought it was Joe Biden’s fault. Saudi Arabia wants the price higher. We may have just made a seasonal low.
Oil prices tick up due to the fact that America does not produce it anymore due to the Biden Coconut Crime Family Regime. Get it right Yahoo😂
In today’s news the sun came up this morning prompting oil companies to raise oil prices.
awfully convenient that they HAVE to raise prices for Christmas travel. That’s not suspicious at all!
Oh no mow you have to get an EV
Guys! I’ve just learnt something new I wanted to share, it seems the pockets of NATO countries are directly connected to their hearts!
Too bad we don’t have our own oil here in the United states, we were almost there under President Trump! Biden shut it all down on day one!
I see oil is more important than Palestinian children
Of course
That was the plan.
No problem. We will now buy our oil from Iran.
USA 🇺🇸 FOR INDEPENDENT PALÄSTINA 🇵🇸
Free PALÄSTINA
Bidenomics
Doubtful. Our issue is the refineries lost during Trump’s presidency.
Wouldn’t be a problem for us if could obtain energy independence. Oh ya we had energy independence.
Very informative. Unfortunately technology works for both good and bad and in these attacks on oil ships it’s being used for bad. Hopefully this will get corrected soon.
And this is why we need to move away from Oil. The world’s a volatile place. A disagreement or local conflict shouldn’t crippled prices around the world. Oil is a finite resource anyway, if we research better ways to store electricity and create more efficient devices for the creation and use, then the oil issues would have a much, much less impact.
who called it as soon as the ship was in the water. my local gas prices went down dramatically in the last 10 days and I was waiting for what (this) they were going to do.
Ahhh, explains why it went up .50 cents over night….. sure
So happy for the oil companies, they have their excuse now. I’m sure they can find a way to blame it on Biden again.
I new it the other day when i heard it and the holidays
This should read the oil industry raises prices because they are going to lose money instead of taking a loss for their shareholder let’s call it what it is and not sugar coat it.
Amazing how quickly Iran was able to use the six billion Biden gave em and mobilize their terrorists proxies! Can anyone name anything good for Americans that has happened in the last three years? Seems like we have had one major catastrophy after another since Biden took over!
Just another excuse to raise prices. I wouldn’t be surprised if the whole story wasn’t just a fabrication.
No ship has sunk. Outlaw electronic trading for speculators. They can use the us mail, no electronic signs at gas stations , if they have to climb a 16 foot ladder to change prices , prices will stabilize
Israel ‘s fault
Of course they did!!!
The military industrial complex is alive and well.