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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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Mykonos: A Serene Island Escape with Endless Possibilities

 


Mykonos, a Greek island in the Aegean Sea, is known for its picturesque beaches, vibrant nightlife, and luxurious resorts.

Here are some of the top things to do in Mykonos:

  1. Visit the Aegean Maritime Museum: This museum is located in the heart of Mykonos and offers a fascinating insight into the island’s maritime history. The museum has a collection of model ships, maps, and other artifacts that are sure to captivate visitors.

  2. Relax on Paradise Beach: Paradise Beach is one of the most popular beaches in Mykonos and is known for its crystal-clear waters and golden sand. The beach is also home to several bars and restaurants, making it the perfect place to spend a day soaking up the sun.

  3. Explore the streets of Chora: Chora is the main town of Mykonos and is known for its picturesque streets and charming architecture. The town is home to several shops, cafes, and restaurants, making it the perfect place to spend an afternoon wandering around.

  4. Take a boat tour of the island: A boat tour is a great way to explore the island and see it from a different perspective. There are several boat tours available, ranging from short trips to longer excursions that take you to some of the more remote parts of the island.

  5. Experience the nightlife: Mykonos is known for its vibrant nightlife, and there are plenty of bars and clubs to choose from. Some of the most popular spots include Cavo Paradiso, Scandinavian Bar, and Tropicana Beach Bar.



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