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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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Grandmother Feared Swallowed by Sinkhole While Searching for Cat

 


Authorities are currently conducting a search and rescue mission for 64-year-old Elizabeth Pollard, who is feared to have been swallowed by a sinkhole while looking for her cat, Pepper. The incident occurred in the village of Marguerite, about 40 miles east of Pittsburgh.

Pollard's family reported her missing early Tuesday morning after she went out Monday evening to search for her cat. Her car was found parked near the Union Restaurant, and her 5-year-old granddaughter was discovered safe inside the vehicle. The sinkhole, which appeared to be new, was not noticed by hunters and restaurant workers in the area earlier in the day.

Rescue teams have been using an excavator and a pole camera with a sensitive listening device to search the area. A shoe was spotted about 30 feet below the surface, leading authorities to believe Pollard may still be in a void. The sinkhole is suspected to have been caused by subsidence from old coal mining activity in the area.

The community is holding out hope for a positive outcome as the search continues.




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