https://www.instagram.com/vanessaclarkipaiThis is your Daily Crude Oil Price Tracker with Vanessa Clark podcast.Hey friends, welcome back to Daily Crude Oil Price Tracker with Vanessa Clark. I'm Vanessa, your go-to guide for all things crude oil, and today we're diving into the latest on crude oil prices, the wild swings driven by Middle East tensions, and what it means for your wallet.Right now, as of this morning, Brent crude oil is hitting $113.71 per barrel, up a hefty $4.93 from yesterday's $108.78. That's according to Fortune's latest update. U.S. crude is around $99, while Brent touched $112 earlier amid the chaos, reports the Economic Times. Compare that to a month ago at $70.37 or a year back at $70.99, and you see why everyone's talking. Escalating attacks in the Gulf, with Iran targeting energy sites in Qatar, Saudi Arabia, and the UAE, plus disruptions in the Strait of Hormuz, have slashed 7 to 10 million barrels per day from global supply. That's 7 to 10 percent of world demand vanishing fast.Experts like Kayanat Chainwala from Kotak Securities warn prices could climb to $120 soon, or even $150 if the conflict drags on. The U.S. Strategic Petroleum Reserve might ease spikes short-term, but it's no fix-all. And get this, higher oil means quicker jumps at the gas pump, since crude makes up over half your gallon price, though drops lag behind.Your takeaway? Track your fuel budget closely, maybe carpool or top off now before it stings more. Watch for policy moves like reserve releases that could steady things.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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