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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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Almond Cookies


With their chewy texture, rich almond flavor, and just the right amount of sweetness, almond cookies are perfect for holiday gatherings, afternoon tea, or a cozy coffee break.


Ingredients

3 large egg whites

½ teaspoon salt

½ teaspoon almond extract

1 teaspoon vanilla extract

1 cup granulated sugar

2½ cups almond flour

About 1 cup confectioners’ sugar (for rolling)


instructions

1. Whisk egg whites, salt, almond extract, and vanilla extract until frothy.

2. Add granulated sugar and whisk until combined.

3. Stir in almond flour until the dough comes together.

4. Chill the dough in the refrigerator for at least 1 hour.

5. Roll dough into balls, coat with confectioners’ sugar, and place on baking sheets.

6. Bake at 350°F (175°C) for 20-25 minutes until puffed with a crinkled appearance.

7. Let cool on baking sheets before transferring to a wire rack.




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