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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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Woman Faces Multiple Charges in Taylor Swift Eras Tour Ticket Scam, Toronto Police Say

 

 Toronto police have arrested a woman from Burlington, Ontario, for allegedly scamming dozens of Taylor Swift fans out of nearly $70,000 by selling fraudulent concert tickets. The accused, who used the alias "Denise Blackhawk," allegedly sold fake tickets for Swift's Eras Tour on Facebook Marketplace.

Victims sent e-transfers for the tickets, believing they would receive them closer to the concert date. However, on the day of the show, the tickets were never transferred, and when victims requested refunds, they were told the money was gone. The accused faces 32 counts of fraud under $5,000 and possession of property obtained by crime under $5,000, as well as one count each of fraud over $5,000 and possession of property obtained by crime over $5,000.

Toronto police are working with Halton Regional Police Service on the investigation and believe there may be more victims. The accused is scheduled to appear in court on January 10, 2025.




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