Debbie Dingell: “We are going to see spikes in oil prices.”

“We must also consider the economic impact. Instability in the Mideast often affects global energy markets, shipping routes and investor conflicts. If the conflict expands, which I'm worried about, We are going to see spikes in oil prices. You're already seeing it today on the market. Higher gas costs for American families, volatility in financial markets and supply chains, disruptions.” (10:48–10:51)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.