Oil prices fell as a Saudi-led coalition ended its nearly monthlong military operation in Yemen, easing concerns that violence in the Middle East could affect oil production in the region. Though Yemen has little oil production, the military campaign had sparked fears that the violence could spread to other oil-exporting countries in the region and interrupt output. “I don’t think anybody expected the military operation to end so quickly,” said Phil Flynn , analyst at the Price Futures Group in Chicago. In the oil market, “it definitely accelerated the selling.” On Tuesday, light, sweet crude for May delivery fell $1.12, or 2%, to settle at $55.26 a barrel on the New York Mercantile Exchange, a one-week low. The May contract expired at settlement Tuesday. Brent, the global benchmark, dropped $1.37, or 2.2%, to $62.08 a barrel on ICE Futures Europe. Market participants are waiting for the latest U.S. energy […]