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Gas Prices Are Spiking Again — Here's How to Protect Your Wallet as the Iran Conflict Escalates

  Published July 20, 2026 If it feels like you're filling up more often for the same money lately, you're not imagining it. Oil markets jolted higher to start the week, and Canadian drivers are almost certain to see it at the pump in the next few days. What just happened Brent crude — the global benchmark that drives Canadian gas pricing — jumped nearly 4% on Monday to trade above US$90 a barrel, its highest level since mid-June, while U.S. West Texas Intermediate traded near US$84. The move came after the United States and Iran escalated hostilities over the weekend, including strikes on vessels attempting to transit the Strait of Hormuz and an attack on an oil facility in Kuwait. That strait matters enormously to your gas bill: roughly a fifth of the world's oil supply normally passes through it. When shipping through it slows or stalls, traders price in a "risk premium" almost immediately — and that shows up at Canadian pumps within days, not weeks. What it mea...

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Peaceful Protests in London Amid Heavy Police Presence

 

London witnessed significant demonstrations from both right-wing, anti-immigrant protesters and opposing anti-racism groups. The rallies, which were closely monitored by a substantial police presence, passed off peacefully without any major incidents.

The heightened police operation was aimed at preventing clashes between the rival groups, ensuring the safety of all participants. Authorities had prepared extensively to manage the large crowds and maintain order throughout the day.

Despite the contrasting messages of the two groups, the day concluded without any significant disturbances, showcasing the effectiveness of the police strategy and the commitment of the demonstrators to peaceful protest.


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