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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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Chaos Unleashed: 6,000 Inmates Escape Amid Mozambique's Post-Election Turmoil

In a shocking turn of events, at least 6,000 inmates escaped from Maputo Central Prison in Mozambique on Christmas Day. The mass breakout occurred amid widespread post-election violence and riots following the confirmation of the ruling Frelimo party's victory in the October 9 elections.

The escape began around midday when a group of subversive protesters agitated near the prison, leading to a confrontation with security forces. During the chaos, prisoners managed to snatch weapons from prison warders and began freeing other detainees. The situation escalated further when a wall collapsed, allowing the inmates to flee.

Mozambique's police chief, Bernardino Rafael, reported that 33 prisoners died and 15 others were injured during the confrontation. Among the escapees were 29 convicted terrorists, raising significant concerns for the country's security forces.

Videos circulating on social media show the moment inmates left the prison, with some prisoners attempting to hide in homes, only to be recaptured by military personnel and prison guards. The police chief has called for the voluntary surrender of the escaped prisoners and urged the public to remain vigilant.

The prison break is a stark reminder of the volatile situation in Mozambique, as the country grapples with the aftermath of a contentious election and the ensuing violence.

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