The ongoing conflict in the Middle East is causing a sharp increase in European natural gas prices, underscoring Canada's strategic opportunity to expand its energy exports and stabilize global markets.
Saskatchewan motorists are preparing for increased gasoline prices as global oil markets react to escalating tensions in Iran, impacting local fuel costs.
Nova Scotia is implementing a price change for gasoline and diesel this Wednesday through its interrupter clause mechanism, affecting fuel costs across the province.
As the Iran conflict widens, global attention turns to the Strait of Hormuz, a critical oil chokepoint. Experts analyze potential impacts on energy markets and geopolitical stability.
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A fuel industry expert explains that gas prices are increasing due to global conflicts and market volatility, but predicting the exact extent remains challenging.
The Canadian government is deploying $3.5 billion in funding and programs to boost critical minerals projects, including infrastructure upgrades and a sovereign fund, aiming to position Canada as a global alternative to China.
Ottawa drivers face imminent gas price hikes of 6-12 cents per litre, driven by Middle East conflicts affecting global oil markets and local supply dynamics.
Saudi Aramco is considering shifting oil exports to the Red Sea port of Yanbu as Middle East conflicts disrupt Persian Gulf shipping, with Saudi production at 10 million barrels daily.
Global oil prices have jumped 18% in two days as conflict between the U.S., Israel, and Iran disrupts shipping through the Strait of Hormuz, threatening energy supplies and economic stability worldwide.
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The International Energy Agency is prepared to help stabilize global oil markets following the Iran conflict, with member countries holding over a billion barrels in emergency stockpiles, according to a document seen by Bloomberg News.
Norway's massive sovereign wealth fund has announced its inaugural investment in U.S. renewable energy assets, marking a significant strategic shift toward sustainable infrastructure.
A U.S. court has dismissed Shell's legal challenge against a key LNG export ruling, triggering a significant stock price increase for Venture Global LNG. The decision reinforces regulatory support for the company's export operations.
Saudi Arabia's state oil giant is exploring alternative shipping routes to bypass the Strait of Hormuz, a critical chokepoint, amid regional tensions, according to Reuters sources.
Global energy prices are skyrocketing as the Iran conflict disrupts shipping lanes and oil and gas production, impacting markets worldwide and raising economic concerns.
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Alberta Premier Danielle Smith faces risks as PM Mark Carney's MOU with China opens energy investment, highlighting concerns over state-owned firms and labor practices.
Geopolitical tensions in the Middle East have caused oil prices to surge above Alberta's budget forecast, creating volatility for Canadian energy companies and provincial finances.
The escalating conflict in Iran is causing a surge in global oil prices, directly affecting fuel costs for Winnipeg drivers and reigniting debates over Canada's energy security and pipeline infrastructure.
British Columbia's 2026 budget shows a $13.3 billion deficit and rising debt, with LNG royalties forecast to increase significantly, highlighting the industry's role in funding public services.
Escalating tensions in the Middle East, particularly involving Iran, are disrupting global oil supplies, raising concerns about increased fuel costs for Atlantic Canada.
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Conservative Leader Pierre Poilievre announced during his London speech that a future government would limit access to a national energy and critical mineral reserve exclusively to allies with free-trade agreements during crises.
Alberta Premier Danielle Smith argues that escalating tensions in Iran highlight the urgency for Canada to build a new pipeline, emphasizing energy security and economic stability.
A hydrogen energy company in Newfoundland and Labrador has filed for creditor protection following the provincial government's decision to reclaim Crown land, raising questions about the project's future.
Frontier Lithium has signed a memorandum of understanding with Panasonic Energy to supply lithium from its Northern Ontario projects, marking a significant step in the electric vehicle battery supply chain.
A planned emergency power outage by Hydro One on March 2, 2026, will disrupt service for approximately 12,000 customers across Manitoulin Island and surrounding areas, highlighting infrastructure maintenance needs.
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Alberta's deficit outlook is changing rapidly as oil prices surge following U.S.-Israel joint strikes on Iran. Finance Minister Nate Horner says gains will apply to Q4, with potential impact on the province's fiscal position.
Analysts predict a significant rise in gas prices in the near future, driven by global oil market disruptions and supply chain issues affecting fuel costs.
Eric Nuttall highlights Canada's oil stability during Middle East conflicts, with global supply disruptions driving prices higher and underscoring Canada's role as a secure energy producer.
Escalating tensions in the Middle East are causing global oil supply disruptions, leading to significant gasoline price increases in Ottawa as analysts warn of further spikes.
The Strait of Hormuz, a narrow maritime passage, is essential for global oil supply. Recent disruptions due to conflict in Iran have caused oil price spikes, highlighting its strategic importance.
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An energy analyst warns that escalating tensions in the Middle East could significantly drive up gasoline prices across the Greater Toronto Area, creating uncertainty for consumers.
