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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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Quebec Braces for Potential Influx of Migrants Amid U.S. Deportation Concerns

 

As the political landscape in the United States shifts with the return of Donald Trump to the presidency, Quebec is preparing for a possible surge in migrants. Trump’s promise to deport millions of undocumented immigrants has raised alarms in Canada, particularly in Quebec, where officials are bracing for an increase in border crossings.

Concerns Over Border Crossings

Quebec Premier François Legault has expressed concerns about the province’s capacity to handle a potential influx of migrants. He emphasized the need for robust border security and regular updates from the federal government on the situation. The closure of Roxham Road, a popular crossing point for asylum seekers, has already made the journey more perilous, pushing migrants to seek alternative, often more dangerous, routes.

Community Response

Community groups in Quebec, such as the Welcome Collective, are preparing for an increase in new arrivals. These groups are concerned about the safety of migrants, especially those who might attempt to cross in remote areas during the harsh winter months. The RCMP has also been on high alert, ready to respond to various scenarios, from a few individuals to a massive influx.

Political Reactions

The political discourse in Quebec has been heated, with leaders from different parties voicing their concerns. Parti Québécois Leader Paul St-Pierre Plamondon warned of a significant migration wave, while Frantz André from the Action Committee for People Without Status criticized the use of Trump’s election to stoke fears about asylum seekers. Meanwhile, Québec solidaire acknowledged the potential impact of U.S. deportations on Quebec but called for a balanced approach.

Looking Ahead

As the situation unfolds, Quebec remains vigilant, balancing the need for security with compassion for those seeking refuge. The province’s response will be crucial in managing the potential challenges and ensuring the safety and well-being of all residents.


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