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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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Thailand’s Senate Passes Landmark Bill to Legalize Same-Sex Marriage

 

Thailand has taken a significant step towards marriage equality by passing a groundbreaking bill in the Senate. The legislation, which recognizes same-sex marriage, makes Thailand the first country in Southeast Asia to do so. Here are the key points:

  1. Approval in the Senate:

    • The upper house approved the measure with 130 votes in favor out of 152 members present, with only four against and 18 abstentions.
    • This final reading paves the way for Thailand to officially recognize same-sex marriages.
  2. Next Steps:

    • The bill now awaits the pro forma endorsement of King Maha Vajiralongkorn, which is widely expected.
    • Once published in the royal gazette, the law will take effect within 120 days.
  3. Implications:

    • Thailand will become the third Asian jurisdiction, after Nepal and Taiwan, to legalize gay marriage.
    • The legislation replaces gender-specific terms like “men,” “women,” “husbands,” and “wives” with gender-neutral language.
    • LGBTQ couples will gain inheritance and adoption rights equal to those of heterosexual marriages.
  4. Celebration and Progress:

    • Politicians and activists celebrated in the National Assembly, waving rainbow flags and expressing solidarity with the LGBTQ community.
    • Prime Minister Srettha Thavisin, a vocal supporter of LGBTQ rights, will host celebrations at his official residence.
  5. Historic Moment:

    • Plaifah Kyoka Shodladd, a member of the parliamentary committee on same-sex marriage, called it a historic day: “Today, love triumphed over prejudice.”
    • Despite Thailand’s vibrant LGBTQ culture, activists have long fought against conservative attitudes.

In summary, Thailand’s Senate has taken a monumental step forward, recognizing love and equality for all. Soon, same-sex couples in Thailand will have the legal recognition they deserve. 

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