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As violence escalates in the Middle East, one question is on energy investors' minds – how will the Yemen crisis affect oil prices?
The conflict between Yemen and Saudi Arabia won't have a short-term impact. In fact, the event could imply an "Arab Spring II" due to low oil prices right now.
Money Morning Global Energy Strategist Dr. Kent Moors appeared on CNBC's "Closing Bell" to discuss the future of oil prices.
See where both WTI and Brent oil prices are headed by this summer: