As war continues to rage in the Middle East, gas prices here in Toronto and the Greater Toronto Area are set to soar seven cents overnight to 173.9 cent(s)/litre — levels not seen since April, 2024. That price projection comes from Roger McKnight, chief petroleum analyst with En-Pro, who adds that the conflict in Iran […]

As war continues to rage in the Middle East, gas prices here in Toronto and the Greater Toronto Area are set to soar seven cents overnight to 173.9 cent(s)/litre — levels not seen since April, 2024. That price projection comes from Roger McKnight, chief petroleum analyst with En-Pro, who adds that the conflict in Iran […]

The Iran war has rattled the global flow of oil, with steeper fuel costs already straining households worldwide. And in the U.S., drivers are now facing the highest prices they’ve seen at the...

The Iran war has rattled the global flow of oil, with steeper fuel costs already straining households worldwide. And in the U.S., drivers are now facing the highest prices they've seen at the pum

The Iran war has rattled the global flow of oil, with steeper fuel costs already straining households worldwide.

Oil prices jumped about 7% on Monday to settle at their highest since 2022, after soaring by as much as 29% during the session as Saudi Arabia and other OPEC members cut ‌supplies during the expanding U.S.-Israeli war with Iran. Prices jumped over 20% in early trade and then retreated…

Oil prices surged to more than $119 a barrel on Monday, hitting levels not seen since mid-2022, as fears of ​prolonged shipping disruptions gripped the market due to the expanding U.S.-Israeli war with Iran.