OIL SHOCK: Why $90 Crude Is About To Spike Gas Prices!

Crude oil is surging toward $90 as Red Sea shipping lanes face an embargo, threatening a sudden spike in gas prices and forcing the Fed into a hawkish corner. Mark Malek breaks down why Saudi Arabia's oil backup plan just hit a massive bottleneck, why war-risk insurance is closing shipping lanes without a missile fired, and what $90 crude means for your wallet.CHAPTERS & TOPICS:• The Houthi Maritime Embargo on Saudi Arabia• $89 Oil & U.S.-Iran Strikes Escalation• The East-West Pipeline: Saudi Arabia's $7M BPD Backup Plan• The Yanbu Port Bottleneck & Kpler Loading Drops• Bab al-Mandeb: The Second Chokepoint Trap• Federal Reserve Dilemma: Rate Hikes into Supply Shocks• Your Daily Wall Street TruthbombThe world spent forty years believing a pipeline was insurance against the Strait of Hormuz, but it turns out insurance policies have chokepoints too. In today's Wall Street Truth Bomb, Mark Malek explains how a one-page announcement from Yemen is threatening global crude supply, why Saudi oil loadings dropped 36% in two weeks, and what $90 oil means for the Fed's upcoming July meeting.#OilPrices #CrudeOil #MiddleEast #Geopolitics #Inflation #FederalReserve #MarkMalek #WallStreetSubscribe: https://www.youtube.com/@wstruthbombs?sub_confirmation=1Substack: https://substack.com/@wstruthbombsX: https://x.com/WSTruthBombsPatreon: https://www.patreon.com/wstruthbombsBlueSky: https://bsky.app/profile/wstruthbombs.bsky.socialTikTok: https://www.tiktok.com/@wstruthbombsTruthbombs videos are for informational and entertainment purposes only. The views expressed by Mark Malek or guests are their own and do not necessarily reflect those of Siebert Financial. These videos do  not constitute investment advice, an offer to sell, or a solicitation to buy any securities. Past performance is not indicative of future results. Listeners and viewers should consult a qualified financial professional before making any investment decisions.Support the show