Gasoline prices in Nova Scotia have been adjusted for the third time within just one week, reflecting ongoing volatility in the energy market. This rapid fluctuation impacts consumers and highlights broader economic trends in the region.
Russian President Vladimir Putin warns the Iran war has caused a global energy crisis, threatening oil transit through the Strait of Hormuz. He signals Russia's readiness to supply oil and gas to Europe if cooperation is long-term and non-politicized.
The potential revival of the Keystone XL pipeline sparks debate as unused pipe in North Dakota and existing infrastructure could provide a head start for new projects, while Alberta seeks to offload regulatory risks to U.S. companies.
Experts are evaluating how a sustained war in the Middle East could disrupt global oil supplies, drive price volatility, and affect economic stability worldwide.
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The Strait of Hormuz, a critical chokepoint for nearly one-third of global marine crude traffic, is effectively closed due to conflict in Iran, causing oil prices to skyrocket above $100 per barrel and threatening worldwide inflation.
Global oil prices have spiked to nearly $120 per barrel following Iran's appointment of a new supreme leader and increased military strikes, causing worldwide market turmoil and raising fears of a broader Middle East conflict.
QatarEnergy postpones its North Field East LNG project to at least 2027 due to a drone attack, impacting global supply and delaying a potential market glut.
Brent crude oil prices skyrocketed 11% to over $103 per barrel, marking the largest daily gain since 1988, as Middle East producers cut output amid escalating conflict.
Global crude oil prices have skyrocketed, nearing $120 per barrel, as escalating military conflict in Iran severely hampers production and shipping, triggering market volatility and economic concerns worldwide.
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G7 finance ministers will hold an emergency meeting to discuss a coordinated release of petroleum reserves through the International Energy Agency, aiming to stabilize oil markets after prices surged above $100 per barrel due to Middle East conflict.
As oil prices exceed $100 per barrel due to Middle East conflict, Canada's lack of pipeline infrastructure prevents full economic benefit, costing the nation billions in lost revenue.
Global oil markets experience significant volatility as Iran appoints a new supreme leader and intensifies military actions, impacting energy security and economic stability worldwide.
Trump administration officials justify a temporary waiver on Russian oil sanctions, predicting gasoline price hikes from the Iran conflict will ease within weeks as global markets adjust.
Oil prices surged nearly 20% to their highest since July 2022 as the U.S.-Israeli war with Iran prompts major Middle Eastern producers to cut output amid fears of prolonged shipping disruptions through the Strait of Hormuz.
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Crude oil prices have exceeded US$100 per barrel due to production and shipping disruptions caused by the Iran war, impacting global energy markets and driving up costs.
The ongoing conflict in the Middle East is causing gasoline prices to climb across Canada, with Ottawa drivers experiencing significant impacts and analysts warning of further increases ahead.
A significant power outage has impacted a large area of Toronto's east end, including East York and southwest Scarborough, due to a loss of supply from Hydro One.
A significant power outage has impacted a large area of Toronto's east end, including East York and southwest Scarborough, affecting numerous residents and businesses on March 7, 2026.
As global conflicts drive oil and gas prices higher, Canada's energy sector may hold solutions for nations at risk of shortages. Experts analyze the potential for Canadian exports to stabilize markets.
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Kuwait Petroleum Corporation has reduced oil production and declared force majeure due to the U.S.-Iran conflict, which has blocked the Strait of Hormuz for eight days, threatening global energy supplies.
As the Iran conflict escalates, oil and gas prices surge globally. Canada's energy sector could provide crucial stability, but challenges remain in balancing exports with domestic needs.
Premier Danielle Smith indicates that fuel tax relief for Albertans may be months away due to quarterly adjustments, despite recent gas price spikes linked to Middle East conflicts.
Gasoline prices in Montreal have surged to an average of 168.5 cents per litre, the highest since 2024, with some stations exceeding $1.70 due to global oil market turmoil from the Iran war.
Diesel fuel prices surged by double digits across the Maritime provinces on Saturday, March 7, 2026, marking the third increase in a week. Gasoline costs also climbed, adding to regional economic pressures.
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Global oil prices have surged above $90 per barrel, driving rapid increases in gasoline costs worldwide as the Iran war intensifies, with no resolution in sight.
Alberta's economic forecast is being reassessed after oil prices surged over 35% in March due to Middle East conflicts, with experts outlining multiple scenarios for provincial growth.
Oil prices surged above $90 per barrel due to the Iran war, while a disappointing U.S. jobs report triggered a stock market selloff, raising stagflation fears.
The Alberta Utilities Commission has denied an application to construct a large-scale data centre in Olds, marking a significant decision for the region's development and utility infrastructure planning.
Gas prices in Saskatchewan have surged to an average of $1.38 per litre, following national trends. Experts analyze market volatility and potential future increases.
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Global oil prices have soared above $90 USD per barrel, driven by geopolitical tensions and supply concerns, impacting markets and energy sectors worldwide.
