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U.S.–Iran Strikes Escalate: What It Means for Your Gas Bill and Savings

  ⚡ BREAKING · MAY 8, 2026 By MoneySavings.ca Editorial Team   |  May 8, 2026  |  5 min read The Strait of Hormuz, photographed from space. Approximately 20% of the world's oil supply passes through this narrow waterway. (Image: NASA / Public Domain) American warships were attacked in the Strait of Hormuz on May 7, 2026 — and the U.S. military fired back hard, striking Iranian ports at Qeshm and Bandar Abbas. For Canadians, this isn't just a distant war story. It's a pocketbook issue. 20% of global oil transits the Strait of Hormuz every day $94 projected WTI crude price per barrel if closure continues (CEPR, 2026) 5% of normal shipping traffic still moving through the Strait What Happened — and When The crisis didn't begin overnight. On February 28, 2026, the United States and Israel launched coordinated strikes against Iran, targeting nuclear infrastructure and senior military leadership — including Supreme Leader Ali Khamenei, who was killed in the strik...
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"How to Conquer All Things with Energy and Persistence" by Benjamin Franklin


This is a great quote by Benjamin Franklin, one of the founding fathers of the United States and a renowned polymath. He was a scientist, inventor, diplomat, writer, and statesman who embodied the spirit of energy and persistence. He made many discoveries and inventions, such as the lightning rod, bifocals, and the Franklin stove. He also helped draft the Declaration of Independence and the Constitution, and negotiated the Treaty of Paris that ended the American Revolution.

This quote reminds us that nothing is impossible if we have the will and the determination to pursue our goals. It also encourages us to overcome obstacles and challenges with courage and resilience. Energy and persistence are essential qualities for success in any field or endeavor.



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