⛽🇨🇦 GAS PRICES SURGE ACROSS CANADA AS IRAN WAR ROCKS OIL MARKETS
🔹 Pump prices jumped to $1.353/litre Monday — up from $1.288 just one month ago, with analysts warning of 7-13 cents/litre more this week 📈💸
🔹 Brent crude spiked to $78.04/barrel as Iran's Revolutionary Guard threatens to burn any ship entering the Strait of Hormuz — 20% of the world's oil flows through this chokepoint ⚠️🛢️
🔹 Diesel drivers hit even harder — expect 12-18 cents/litre increase as refineries scramble amid Middle East chaos, with Trump warning the conflict could last a month or longer 🚛💥
Canada's oilpatch could actually benefit — our stability makes us attractive to buyers during geopolitical turmoil 🍁💪
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#CanadaNews #GasPrices
@canada
🔹 Pump prices jumped to $1.353/litre Monday — up from $1.288 just one month ago, with analysts warning of 7-13 cents/litre more this week 📈💸
🔹 Brent crude spiked to $78.04/barrel as Iran's Revolutionary Guard threatens to burn any ship entering the Strait of Hormuz — 20% of the world's oil flows through this chokepoint ⚠️🛢️
🔹 Diesel drivers hit even harder — expect 12-18 cents/litre increase as refineries scramble amid Middle East chaos, with Trump warning the conflict could last a month or longer 🚛💥
Canada's oilpatch could actually benefit — our stability makes us attractive to buyers during geopolitical turmoil 🍁💪
━━━━━━━━━━━━━━━
#CanadaNews #GasPrices
@canada
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⛽📈 CANADIAN INFLATION JUMPS TO 2.4% IN MARCH ON GAS PRICE SURGE
🔹 Inflation rose from 1.8% in February to 2.4% year-over-year — highest since Q4 2025 📊
🔹 Gasoline prices skyrocketed 21.2% due to Middle East conflict disrupting Strait of Hormuz shipping 🌍
🔹 Energy surge added 0.7 percentage points to headline inflation with oil up 40% from year ago ⛽
🔹 Core inflation remains stable at 2.3% — Bank of Canada maintains overnight rate at 2.25% 🏦
Geopolitical tensions driving price volatility while domestic economy shows soft growth patterns 💰🇨🇦
#CanadaInflation #GasPrices #Economy
@canada
🔹 Inflation rose from 1.8% in February to 2.4% year-over-year — highest since Q4 2025 📊
🔹 Gasoline prices skyrocketed 21.2% due to Middle East conflict disrupting Strait of Hormuz shipping 🌍
🔹 Energy surge added 0.7 percentage points to headline inflation with oil up 40% from year ago ⛽
🔹 Core inflation remains stable at 2.3% — Bank of Canada maintains overnight rate at 2.25% 🏦
Geopolitical tensions driving price volatility while domestic economy shows soft growth patterns 💰🇨🇦
#CanadaInflation #GasPrices #Economy
@canada
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⛽🇨🇦 GAS PRICES SPIKE AS IRAN WAR DISRUPTS OIL SUPPLY CHAIN
🔹 Strait of Hormuz closure drives Canadian pump prices up 18¢/L in past week — Vancouver hits $1.89/L 🚗
🔹 Survey shows 67% of Canadians reconsidering summer road trips due to fuel costs exceeding vacation budgets 📊
🔹 Alberta refineries running at 95% capacity but can't offset Middle East supply shortage 🏭
🔹 Government considering temporary gas tax relief as opposition demands strategic reserves release ⚡
Energy Minister warns prices could stay elevated through summer driving season 😬✨
Fill up now before it gets worse — share this alert with friends 📲⛽
#CanadaNews #GasPrices
@canada
🔹 Strait of Hormuz closure drives Canadian pump prices up 18¢/L in past week — Vancouver hits $1.89/L 🚗
🔹 Survey shows 67% of Canadians reconsidering summer road trips due to fuel costs exceeding vacation budgets 📊
🔹 Alberta refineries running at 95% capacity but can't offset Middle East supply shortage 🏭
🔹 Government considering temporary gas tax relief as opposition demands strategic reserves release ⚡
Energy Minister warns prices could stay elevated through summer driving season 😬✨
Fill up now before it gets worse — share this alert with friends 📲⛽
#CanadaNews #GasPrices
@canada
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