Drones Took Out the Backup Pipeline, Truckers Are Getting Crushed, and Gold Is on Sale
A few thousand dollars' worth of drones just took out Saudi Arabia's backup oil pipeline — the one the world was relying on when the Strait of Hormuz got blocked. Brent crude hit $109 a barrel. Diesel hit an all-time record high. And as Jeremy reports from Iowa, the truckers filling up their tanks are getting hit with $1,000 fill-ups. That cost gets passed to every single thing you buy — with a 2-4 week lag. The food inflation shock from this attack hasn't even shown up in the data yet.
This week on The Crest Report, host Jeremy Herrell breaks down the biggest energy escalation since the war…
The skinny
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