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Gas Prices Are Finally Falling in Canada — Here's How Much You're Saving and What Comes Next

After weeks of painful price spikes driven by the U.S.-Iran conflict, Canadians are finally catching a break at the pump. The national average gas price dropped to 169.1 cents per litre on Monday, April 20 — down from a peak near 198 cents — as two things happened at once: Iran reopened the Strait of Hormuz to commercial traffic, and Prime Minister Mark Carney's federal fuel excise tax suspension came into effect. National Average 169.1¢/L ▼ Down from ~198¢/L peak Gas savings (excise tax) 10¢/L off gasoline until Sept. 7 Diesel savings 4¢/L off diesel until Sept. 7 WTI Crude (current) ~$87 ▼ Down from $120 peak What just happened — and why Since the U.S.-Iran conflict began in late February, Brent crude surged more than 55%, briefly topping $120 a barrel — the largest oil supply shock in the history of global markets, according to the Interna...
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Israel Explores New Governance Options for Gaza Amid Ongoing Conflict


Israel is currently exploring the possibility of establishing an alternative local governing body for Gaza, according to Defense Minister Yoav Gallant. The goal is to move beyond Hamas, but the specifics of who might replace them remain uncertain. This initiative comes amid new uncertainty in the ongoing eight-month war. Israeli Prime Minister Benjamin Netanyahu faces pressure from various quarters, including calls to accept a new cease-fire deal proposed by U.S. President Joe Biden. Meanwhile, far-right allies threaten to destabilize his government if he agrees to the deal. Gallant, a member of Israel’s three-member War Cabinet, has advocated for a detailed postwar plan for Gaza. He stated that the framework for this alternative governance involves isolating certain areas, removing Hamas operatives, and introducing other forces that could facilitate the formation of a new governing body.

In a related development, Israel is seeking Palestinians who are not affiliated with Hamas to manage civilian affairs in planned “humanitarian pockets” within the Gaza Strip. These pockets are designed as testing grounds for postwar administration of the enclave. While the situation remains complex and fluid, efforts to find alternatives to Hamas continue as the conflict persists.


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