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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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Songkran: Thailand’s Splendid New Year Celebration

Thailand’s New Year festivities are a vibrant blend of tradition and joy, with the Songkran Festival standing at its heart. Celebrated annually from April 13 to 15, Songkran marks the start of the Buddhist New Year. The festival is famed for its jubilant water fights that splash across streets and towns, drawing both locals and tourists into a dazzling melee of fun. 

Traditionally, Songkran is a time to honor ancestors, visit temples, and cleanse Buddha statues with scented water—a ritual believed to bring good luck and blessings. The water element holds deep symbolism, representing purification and renewal as individuals metaphorically wash away past misfortunes.

Over the years, Songkran has evolved into an exhilarating cultural event that highlights Thailand’s charm. Streets transform into battlegrounds for water pistol wars, buckets fly, and hoses unleash cascades of joy. Cities like Chiang Mai and Bangkok host lively parades, music, and traditional dances that enliven the festival further.

Songkran is much more than a celebration—it’s a reflection of Thailand’s warm spirit, creating unforgettable memories of connection and laughter. It’s safe to say that in Thailand, the New Year doesn’t just start; it splashes its way in!

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