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How the Strait of Hormuz Crisis Is Hitting Your Wallet Right Now

Published May 17, 2026  |  Category: Oil Prices & Energy  |  By MoneySavings.ca If you've winced lately at the gas pump or noticed your grocery bill creeping up, you're not imagining it. A geopolitical crisis unfolding halfway around the world — at a narrow strip of water between Iran and Oman — is directly squeezing Canadian budgets. Here's everything you need to know, and what you can do about it. What Is the Strait of Hormuz? The Strait of Hormuz is a narrow waterway just 33 kilometres wide at its tightest point, connecting the Persian Gulf to the open ocean. Despite its modest size, it is the world's single most critical energy chokepoint. Before this crisis, roughly 20 million barrels of oil moved through it every single day — about 20% of all the world's seaborne oil supply, plus significant volumes of liquefied natural gas (LNG). Think of it as the world's energy jugular vein. When it gets blocked, the entire planet feels it. What Happened? On Februa...

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Health and Fitness: How to Stay Fit and Healthy During the Holidays


The holidays are a time of joy, celebration, and indulgence. But they can also be a challenge for your fitness and health goals. How can you enjoy the festive season without compromising your well-being? Here are some tips to help you stay fit and healthy during the holidays.

1. Plan ahead. If you know you have a party or a family gathering coming up, plan your meals and workouts accordingly. You can eat lighter and healthier on the days before and after the event, and schedule some extra exercise to burn off the calories.

2. Be mindful. When you're at a party or a buffet, don't just mindlessly fill your plate with everything you see. Choose the foods that you really want to eat, and savor them slowly. You'll feel more satisfied and less likely to overeat.

3. Drink water. Water is essential for your health, and it can also help you control your appetite. Drink a glass of water before each meal, and sip water throughout the day. This will keep you hydrated and prevent you from confusing thirst with hunger.

4. Stay active. Don't let the cold weather or the busy schedule stop you from exercising. Find ways to incorporate physical activity into your daily routine, such as taking the stairs, walking the dog, or playing with your kids. You can also try some indoor workouts, such as yoga, dancing, or skipping rope.

5. Have fun. The holidays are not only about food and drinks, but also about spending quality time with your loved ones. Focus on the positive aspects of the season, such as the joy, gratitude, and generosity. Don't stress too much about your diet or your weight, but enjoy yourself and have fun.

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