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Iran-US Clash Sends Toronto Gas Prices Soaring

Iran-US Clash Sends Toronto Gas Prices Soaring

Published 3 weeks, 6 days ago
Description

Gas prices in Toronto surge due to Iran-U.S. conflict, with analysts predicting another 8-cent increase, pushing averages to $1.90 per litre. The ongoing blockade of the Strait of Hormuz by Iran and U.S. countermeasures are causing global oil supply disruptions, leading to inflation risks and potential oil shortages. Drivers brace for higher pump prices as tensions remain high.

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