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Oil prices (BZ=F, CL=F) are on the move on Friday after Israel launched a retaliatory strike against Iran. In addition, national gas prices have begun to move higher with northeastern states in the US potentially feeling more pain at the pump due to late adaptation of summer-blend gas.

Yahoo Finance Reporter Ines Ferré joins Market Domination to break down the price movements in crude oil futures.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination.

This post was written by Nicholas Jacobino and updated by Luke Carberry Mogan.