Crude oil is up this morning on lots of news coming out of the Middle East following U.S. airstrikes in Iran. Iran's state-run Press TV reported that parliament had approved a plan to close the Strait of Hormuz, while U.S. Secretary of State Marco Rubio has called on Iran's ally, China, to try to prevent this. We'll discuss this with Fernando Valle, managing director of energy for the investment firm Hedgeye Risk Management.