Middle East conflict

Canadian Gas Prices Surge as Middle East Conflict Rattles Global Oil Markets

Canadian Gas Prices Surge as Middle East Conflict Rattles Global Oil Markets

Ottawa (Rajeev Sharma)— Motorists across Canada are facing a sharp spike in fuel costs this week as the escalating military conflict between the United States, Israel, and Iran continues to destabilize global energy markets. With the price of Brent crude oil briefly surging above US$84 per barrel—a jump of more than $10 since the onset of "Operation Epic Fury"—analysts warn that the current volatility could lead to a sustained period of high prices at the pump for Canadian households already struggling with an affordability crisis. The primary driver for the increase is the growing threat to the Strait of Hormuz,…
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CM Bhagwant Mann Urges Union Minister for Urgent Evacuation of Punjabis Stranded in Middle East

CM Bhagwant Mann Urges Union Minister for Urgent Evacuation of Punjabis Stranded in Middle East

Chandigarh (Gurpreet Singh): Punjab Chief Minister Bhagwant Singh Mann on Tuesday, March 3, 2026, held a high-level telephonic discussion with Union Civil Aviation Minister Kinjarapu Ram Mohan Naidu to demand the immediate and safe evacuation of Punjabis currently stranded in the conflict-ridden Middle East. Highlighting the distress of thousands of families across the state, the Chief Minister shared a comprehensive database of affected citizens and pushed for the deployment of special aircraft to bring them home. During the conversation, the Union Minister reportedly assured the Chief Minister that the Government of India is prioritizing the safety of Indian nationals and…
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Global Oil Markets Shaken: Gas Prices Rise as Middle East Tensions Escalate

Global Oil Markets Shaken: Gas Prices Rise as Middle East Tensions Escalate

Ottawa (Rajeev Sharma): Canadian motorists are facing immediate pressure at the pumps this week as North American oil markets react to a significant escalation of conflict in the Middle East. Following a joint military operation by the U.S. and Israel against Iran on Saturday, concerns over the stability of global energy supply chains have sent crude prices on a volatile upward trajectory. The primary focus for market analysts is the Strait of Hormuz, a narrow yet vital waterway on Iran's southern border. Currently, approximately 20 per cent of the world's crude oil passes through this chokepoint. Over the weekend, several…
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