{"id":25980788,"date":"2026-03-25T18:52:08","date_gmt":"2026-03-25T18:52:08","guid":{"rendered":"https:\/\/wheels2025dev.wpenginepowered.com\/?post_type=project&#038;p=25980788"},"modified":"2026-06-09T17:46:20","modified_gmt":"2026-06-09T17:46:20","slug":"energy-watch-what-fleet-leaders-should-monitor-this-month","status":"publish","type":"project","link":"https:\/\/www.wheels.com\/public\/resource\/energy-watch-what-fleet-leaders-should-monitor-this-month\/","title":{"rendered":"Energy Watch: What Fleet Leaders Should Monitor This Month\u00a0"},"content":{"rendered":"<p>Recent tensions around the Strait of Hormuz,\u00a0a narrow waterway that carries\u00a0roughly one-fifth\u00a0of the world\u2019s oil supply,\u00a0have put energy markets on alert. While global supply has not\u00a0yet\u00a0been significantly disrupted, even the possibility of delays or reduced tanker traffic\u00a0could\u00a0quickly influence fuel markets and shipping costs worldwide.\u00a0<!-- \/wp:post-content -->\r\n\r\n<!-- wp:paragraph {\"placeholder\":\"Blog posts have their own template, so you only need to type the content of the post. Don't forget the featured image.\"} --><\/p>\r\n<p>For fleet, the immediate risk\u00a0isn\u2019t\u00a0a shortage of fuel\u00a0\u2013\u00a0it\u2019s\u00a0price volatility. Global benchmarks such as Brent crude tend to react rapidly to geopolitical uncertainty\u00a0as we have seen in recent days.<!-- \/wp:paragraph -->\r\n\r\n<!-- wp:paragraph {\"placeholder\":\"Blog posts have their own template, so you only need to type the content of the post. Don't forget the featured image.\"} --><\/p>\r\n<p>There are also potential secondary\u00a0supply chain\u00a0effects to watch. If disruptions expand to other global shipping corridors,\u00a0logistics\u00a0costs for vehicles and components could rise further.<!-- \/wp:paragraph -->\r\n\r\n<!-- wp:paragraph {\"placeholder\":\"Blog posts have their own template, so you only need to type the content of the post. Don't forget the featured image.\"} --><\/p>\r\n<p>Wheels\u00a0is\u00a0closely\u00a0monitoring\u00a0these\u00a0developments;\u00a0this includes\u00a0gathering intel from our fuel partners.\u00a0Your Wheels Account Team\u00a0will continue to\u00a0provide\u00a0strategic\u00a0guidance as the situation evolves.<!-- \/wp:paragraph -->\r\n\r\n<!-- wp:paragraph {\"placeholder\":\"Blog posts have their own template, so you only need to type the content of the post. Don't forget the featured image.\"} --><\/p>\r\n<h2><strong>Some Considerations<\/strong><!-- \/wp:paragraph -->\r\n\r\n<!-- wp:list --><\/h2>\r\n<ul class=\"wp-block-list\"><!-- wp:list-item -->\r\n<li>Crude oil accounts for 50 to 60% of the cost of gasoline.\u00a0<\/li>\r\n<!-- \/wp:list-item -->\r\n\r\n<!-- wp:list-item -->\r\n<li>A $10 per barrel increase typically results in a 25 cent per gallon rise in gasoline.\u00a0<\/li>\r\n<!-- \/wp:list-item -->\r\n\r\n<!-- wp:list-item -->\r\n<li>The release of strategic reserves, increased US production and\/or Venezuelan oil may help to ease pressures on rising costs.\u00a0\u00a0<\/li>\r\n<!-- \/wp:list-item -->\r\n\r\n<!-- wp:list-item -->\r\n<li>If fuel prices rise substantially, your drivers\u2019 ability to buy fuel efficiently could be impacted. You may want to adjust purchase thresholds to avoid fuel card declines, causing inconvenience for your drivers and operations.\u00a0<\/li>\r\n<\/ul>\r\n<p>Additionally,\u00a0here are\u00a0some reliable market trackers.\u00a0\u00a0<!-- \/wp:list-item -->\r\n\r\n<!-- wp:paragraph --><\/p>\r\n<h2><strong>Useful sources to track developments<\/strong><!-- \/wp:paragraph -->\r\n\r\n<!-- wp:list --><\/h2>\r\n<ul class=\"wp-block-list\"><!-- wp:list-item -->\r\n<li><a href=\"https:\/\/www.eia.gov\/dnav\/pet\/PET_PRI_SPT_S1_D.htm\" target=\"_blank\" rel=\"noreferrer noopener\">U.S. Energy Information Administration<\/a>\u00a0\u2013 Daily oil price dashboards and market analysis\u00a0<\/li>\r\n<!-- \/wp:list-item -->\r\n\r\n<!-- wp:list-item -->\r\n<li><a href=\"https:\/\/www.reuters.com\/business\/energy\/\" target=\"_blank\" rel=\"noreferrer noopener\">Reuters\u00a0Energy<\/a>\u00a0\u2013 Real-time coverage of global energy markets and shipping disruptions\u00a0<\/li>\r\n<!-- \/wp:list-item -->\r\n\r\n<!-- wp:list-item -->\r\n<li><a href=\"https:\/\/www.iea.org\/energy-system\/fossil-fuels\/oil\" target=\"_blank\" rel=\"noreferrer noopener\">International Energy Agency\u00a0(IEA)<\/a>\u00a0\u2013 Market outlooks and coordinated supply response updates\u00a0<\/li>\r\n<!-- \/wp:list-item -->\r\n\r\n<!-- wp:list-item -->\r\n<li>WSJ Major Oil &amp; Gas Index:\u00a0<a href=\"https:\/\/www.marketwatch.com\/investing\/index\/wsjixusoil?countrycode=xx&amp;utm\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.marketwatch.com\/investing\/index\/wsjixusoil?countrycode=xx&amp;utm<\/a>\u00a0<\/li>\r\n<!-- \/wp:list-item -->\r\n\r\n<!-- wp:list-item -->\r\n<li>Dow Jones US Oil &amp; Gas Index:\u00a0<a href=\"https:\/\/www.spglobal.com\/spdji\/en\/indices\/equity\/dow-jones-us-oil-gas-index\/?utm\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.spglobal.com\/spdji\/en\/indices\/equity\/dow-jones-us-oil-gas-index\/?utm<\/a>\u00a0<\/li>\r\n<!-- \/wp:list-item --><\/ul>\r\n<p><!-- \/wp:list --><\/p>","protected":false},"excerpt":{"rendered":"<p>Recent tensions around the Strait of Hormuz,\u00a0a narrow waterway that carries\u00a0roughly one-fifth\u00a0of the world\u2019s oil supply,\u00a0have put energy markets on alert. While global supply has not\u00a0yet\u00a0been significantly disrupted, even the possibility of delays or reduced tanker traffic\u00a0could\u00a0quickly influence fuel markets and shipping costs worldwide.\u00a0 For fleet, the immediate risk\u00a0isn\u2019t\u00a0a shortage of fuel\u00a0\u2013\u00a0it\u2019s\u00a0price volatility. Global benchmarks [&hellip;]<\/p>\n","protected":false},"author":148,"featured_media":25980789,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"project_category":[17],"project_tag":[],"class_list":["post-25980788","project","type-project","status-publish","has-post-thumbnail","hentry","project_category-blog"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Energy Watch: What Fleet Leaders Should Monitor This Month\u00a0 | Wheels<\/title>\n<meta name=\"description\" content=\"Recent tensions around the Strait of Hormuz,\u00a0a narrow waterway that carries\u00a0roughly one-fifth\u00a0of the world\u2019s oil supply,\u00a0have put energy markets on alert.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, 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