Puffer

Global oil prices continue to soar, impacting costs for Canadians

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Several large cargo ships and tankers are positioned in a body of blue water. One red tanker is docked in the foreground, while others are seen at a distance under a clear, hazy sky. A tall light pole stands on the pier.

The price of crude oil continues to rise amid the U.S.-Israel war with Iran and the closure of the Strait of Hormuz, increasing costs at home for Canadians.