3 Canadians back home after being stranded on cargo ship in Strait of Hormouz | Globalnews.ca
[ad_1] Descrease article font size Increase article font size A Quebec-based shipping company says three maritime trainees who had been aboard its vessels in the Persian Gulf since late February have returned safely to the province. In a release issued Friday, Desgagnés confirmed the trainees from the Institut maritime du Québec (IMQ) were on board […]
Video: The Effects of High Oil Prices
[ad_1] new video loaded: The Effects of High Oil Prices Our chief economics correspondent, Ben Casselman, breaks down how gasoline prices have responded to the oil crisis in the Persian Gulf, and what is in store for inflation if the price of oil remains above $100 per barrel. By Ben Casselman, Sutton Raphael, James Surdam, […]
Iran targets UAE energy infrastructure as gas field set ablaze, tanker struck near Strait of Hormuz
[ad_1] Fire and plumes of smoke rise from an oil facility in Fujairah, United Arab Emirates, Saturday, March 14, 2026. Altaf Qadri | AP A fresh wave of attacks on the United Arab Emirates’ energy infrastructure has ramped up concerns over prolonged supply disruptions amid the Iran war. It comes after the world’s largest ultra-sour […]
‘Sky is the limit’: Analysts warn oil prices could surge further
[ad_1] Women members of Iran’s Red Crescent society stand near smoke plumes from an ongoing fire following an overnight airstrike on the Shahran oil refinery in northwestern Tehran on March 8, 2026. – | Afp | Getty Images Analysts warned on Monday that there was no precedent for the surging price of oil, as the […]
Iran’s strategic oil island thrust into the spotlight as Middle East conflict escalates
[ad_1] A support vessel maneuvers near the crude oil tanker ‘Devon’ as it sails through the Persian Gulf towards Kharq Island oil terminal to transport crude oil to export markets in Bandar Abbas, Iran, on Mar. 23, 2018. Ali Mohammadi | Bloomberg | Getty Images Iran’s Kharg Island, a small but strategically vital strip of […]