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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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Prince Harry’s Legal Battle Over Security Ends in Disappointment

Prince Harry has expressed deep disappointment after losing his legal fight against the UK government over police protection. The Duke of Sussex had sought to overturn a decision that stripped him of automatic taxpayer-funded security when visiting Britain, following his departure from royal duties in 2020.  

The ruling, upheld by the Court of Appeal, confirmed that Harry would not receive the same level of security as working royals, with protection granted only on a case-by-case basis. The prince, who now resides in California with his wife Meghan and their children, has voiced concerns about his safety in the UK, citing past threats and security risks.  

Despite his legal team's arguments that Harry was subjected to unjustified and inferior treatment, the court maintained that the decision was lawful. Buckingham Palace responded by stating that the matter had been thoroughly examined and consistently upheld by the courts.  

Harry, visibly emotional, shared that the ruling makes it difficult for him to bring his family to Britain safely. He also expressed a desire for reconciliation with his father, King Charles III, though he admitted that their relationship remains strained due to the ongoing security dispute.  

While the prince has hinted that he may not pursue further legal action, the outcome of this case underscores the complexities of royal security and the challenges faced by those who step away from official duties.

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