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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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Exploring Ancient Greece: Beyond the Acropolis

 

Greece, with its rich history and captivating mythology, boasts an impressive collection of ancient landmarks. While Athens and the iconic Acropolis are well-known, there’s a wealth of other treasures waiting to be discovered. Let’s step beyond the Greek capital and explore some of the most remarkable sites:

  1. Meteora Monasteries: Perched atop towering rock formations, these monasteries offer breathtaking views and a spiritual experience.
  2. Delphi: Once considered the center of the world, Delphi was home to the Oracle of Apollo and features ancient temples and a theater.
  3. Olympia: The birthplace of the Olympic Games, Olympia boasts a stadium, temples, and statues dedicated to Zeus.
  4. Epidaurus: Famous for its well-preserved theater, Epidaurus also has a healing sanctuary dedicated to Asclepius.
  5. Knossos: On Crete, explore the Minoan palace of Knossos, where the legendary Minotaur roamed the labyrinth.
  6. Mystras: A medieval ghost town with Byzantine ruins, Mystras offers stunning views of the surrounding landscape.
  7. Sounion: Visit the Temple of Poseidon at Cape Sounion, overlooking the Aegean Sea.
  8. Ancient Corinth: Discover ancient temples, the Acrocorinth fortress, and the famous Corinth Canal.
  9. Akrotiri: Explore the Minoan city buried by volcanic ash on Santorini.
  10. Rhodes Old Town: Wander through medieval streets, visit the Palace of the Grand Master, and admire the Colossus of Rhodes (no longer standing).

These lesser-known gems reveal Greece’s fascinating past and invite you to travel back in time. 

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