https://www.instagram.com/vanessaclarkipaiThis is your Daily Crude Oil Price Tracker with Vanessa Clark podcast.Hey friends, welcome to Daily Crude Oil Price Tracker with Vanessa Clark. I'm Vanessa, and today we're diving into the wild ride of crude oil prices, straight from the latest buzz that's got everyone talking.Right now, as of 9 a.m. Eastern Time, Brent crude oil is hitting $98.76 per barrel, up a whopping $7.80 from yesterday's $90.96. That's Fortune reporting the surge, and it's more than $27 higher than a year ago when it was around $71.15. West Texas Intermediate is close behind at about $94.92, according to Times of India updates. This jump comes after tanker strikes in Iraq, blamed on Iran tensions, sparking fears of supply chaos in the Middle East. Videos show vessels on fire, and the Strait of Hormuz, that key route for 20 percent of global oil, is basically shut down with tankers dodging missiles and drones.Governments are fighting back. The U.S. Department of Energy is releasing 172 million barrels from the Strategic Petroleum Reserve starting next week, taking about 120 days to hit markets. The International Energy Agency is coordinating 400 million barrels from members, the biggest ever release. Japan and Germany are jumping in too, and President Trump hinted at more U.S. taps to cool things off.What does this mean for you? Higher crude means pricier gas at the pump soon, since oil makes up over half the cost per gallon. Watch for that rockets and feathers effect, where prices rocket up fast but drift down slow. Tip for today: If you're filling up, do it now before the spike fully hits, and consider apps tracking local gas deals to save bucks.Oil's volatile with wars, recessions, and OPEC moves, but shale production here in the U.S. helps keep spikes in check by boosting supply.Thanks for tuning in, pals. Subscribe, share with a friend, and catch you next time on Daily Crude Oil Price Tracker. Stay smart out there!For more http://www.quietplease.aiCheck out Vanessa on Instagram https://www.instagram.com/vanessaclarkipaiFor some deals, check out https://amzn.to/4hSgB4rThis content was created in partnership and with the help of Artificial Intelligence AI

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