Saskatchewan drivers are in for a unfortunate surprise after further escalation in the Middle East.
According to Devan Mescall, a professor specializing in accounting at the University of Saskatchewan, 30 per cent of the world’s oil makes its way through the Strait of Hormuz.
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With the supply being affected following the tensions in the Middle East, however, gas prices and other goods could be subject to inflation.
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With unpredictability around how long the conflict will go on, it’s uncertain what the future effects on gas prices will be.
Sania Ali shares more details in the video above.
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