Strait Of Hormuz

• Gas prices set to change when excise tax pause expires — what to know

  Some temporarily relief at the gas pump for Canadian consumers is set to end next month when the fuel excise tax pause is scheduled to expire.

  Consumer

  Aug 14
  
• IEA expects world oil demand to fall amid surging gas prices

  Demand for crude oil worldwide is expected to fall as higher gas prices force many consumers and businesses to reduce their consumption, according to the IEA.

  Consumer

  Aug 13
  
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• Strategic oil stockpiles have hit a 40-year low amid the Iran war

  Oil prices spiked Tuesday as the Iran war continues to jeopardize global supplies, with U.S. strategic stockpiles falling to the lowest level in more than 40 years.

  World

  Aug 11
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• Iran says it won’t reopen Strait of Hormuz until the US meets its demands

  Iran is insisting that the U.S. meet its demands in negotiations before the Strait of Hormuz reopens.

  World

  Aug 10
• Iran, U.S. make opposing peace talk claims as cargo ships report strikes

  A British maritime monitoring agency said a cargo ship reported being hit by a projectile overnight off the coast of Oman in the Strait of Hormuz.

  World

  Aug 4
• Trump backs off 20% fee threats for cargo shipped through Strait of Hormuz

  U.S. President Donald Trump on Tuesday dropped the idea of charging a 20% fee on all cargo shipped through the Strait of Hormuz.

  World

  Jul 14
• Who controls the Strait of Hormuz? U.S., Iran make competing claims

  The United States and Iran each asserted Monday they controlled the Strait of Hormuz after a weekend of attacks stretching across the wider Middle East.

  World

  Jul 13
• US strikes Iran over latest ship attack and Tehran responds by hitting Arab states

  The fighting raised new questions about the interim deal Iran and the U.S. reached on June 17, beginning a 60-day period aimed at reaching a permanent end to the war.

  U.S. News

  Jul 12
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• Anand calls Iran’s attacks on Gulf ships ‘unacceptable’ and ‘unjustified’

  Anand met with Saudi Arabia's foreign minister Thursday and she says Canada stands alongside Persian Gulf countries as Iran lashes out against them.

  Politics

  Jul 9
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• Gas prices in Canada set to rise as Trump says peace with Iran is ‘over’

  Gas prices are likely going to tick up once again in Canada, according to an analyst, as a signed peace agreement between the U.S. and Iran appears to be unravelling.

  Consumer

  Jul 8