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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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Auschwitz Memorial Marks 80th Anniversary of Liberation: A Solemn Tribute to Survivors

On January 27, 2025, the Auschwitz-Birkenau Memorial and Museum held solemn observances to mark the 80th anniversary of the liberation of the infamous Nazi death camp. This year's ceremony is particularly poignant as it is expected to be the last major gathering of survivors, many of whom are now in their 80s and 90s.

Among the attendees was 86-year-old Tova Friedman, who was just six years old when she was liberated from Auschwitz on January 27, 1945. She traveled from her home in New Jersey to add her voice to the warnings about rising hatred and antisemitism. "The world has become toxic," she told reporters, emphasizing the need to combat the growing crisis of distrust and animosity.

The ceremony included a walk to the Death Wall, where prisoners were executed, led by Polish President Andrzej Duda and Auschwitz-Birkenau State Museum director Piotr Cywinski. Duda spoke of the "unimaginable harm" inflicted on millions, especially the Jewish people, and emphasized Poland's role as the guardian of this memory.

World leaders and royalty, including Germany's Chancellor Olaf Scholz, French President Emmanuel Macron, and Britain's King Charles III, joined the elderly survivors in a moment of silence and reflection. The event culminated in a candle-lighting ceremony, symbolizing the enduring memory of the 1.1 million people murdered at Auschwitz.

As the last survivors fade, the message is clear: it is our duty to remember the unspeakable crimes and honor the memories of the victims. The observances serve as a stark reminder of the past and a call to action to prevent history from repeating itself.




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