Brent Crude at $106.01/Barrel — Up $39 Year-over-Year, California Gasoline at $6/Gallon

Brent crude at $106.01 on April 24 morning ET, up $2.34 from the prior day. The Hormuz blockade continues to disable the critical shipping lane through which approximately 20% of global crude passes. California 87-octane gasoline has surpassed $6 per gallon on average.