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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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Naim Qassem Elected as New Hezbollah Leader Following Nasrallah’s Death

 

In a significant leadership change, Hezbollah has elected Naim Qassem as its new leader following the death of Hassan Nasrallah. Nasrallah, who led the group for nearly three decades, was killed in an Israeli airstrike on Beirut’s southern suburb last month.

Qassem, who has served as Hezbollah’s deputy head for many years, was chosen by the group’s Shura Council. His appointment marks a pivotal moment for Hezbollah as it navigates ongoing regional tensions and internal challenges. In his acceptance speech, Qassem emphasized the group’s resilience and commitment to its cause, vowing to continue Nasrallah’s legacy.

The election of Qassem is expected to influence Hezbollah’s strategic direction and its stance in the broader Middle Eastern geopolitical landscape.


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