After U.S. President Donald Trump's claimed that the ceasefire with Iran is over, it had immediate ripple effects.
The price of oil has surged over concerns that oil tankers may not be able to get through the Strait of Hormuz.
More financial stress could hurt Canadians amid an already fragile economy, as oil prices come back as quickly as they retreated.
Global's Jacqueline Hansen has more.
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Hormuz Traffic Crashes Amid Strikes
- Oil hits multi-week high, Wall Street slips as Iran tensions reignite Channel News Asia —
- Oil Prices Rise After Fresh U.S. Attacks in the Middle East Wall Street Journal —
- Oil rises after US launches fresh strikes against Iran Channel News Asia —
- Oil extends gains as Iran-U.S. tensions raise concerns over supply disruptions CNBC —
- Renewed Iran conflict sends oil prices higher, raises Hormuz transit fears Times Of India —
Oil prices surge after Trump declares end of Iran peace deal
Global News
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