Canadians could struggle as oil prices surge after Trump declares end of Iran peace deal

Jul 8, 2026Channel
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Global News
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Video Details

Published1 week ago
Duration1:46
Video IDYDERZK6J1ns
Languageen
CategoryNews & Politics
PrivacyPublic
Made for KidsNo
Video TypeRegular Video

Performance Metrics

Views86K
Likes247
Comments588
Engagement Rate0.97%
Likes per 100 views0.29
Comments per 1K views6.84

Description

After U.S. President Donald Trump claimed that the ceasefire with Iran is over, it had immediate ripple effects. The price of oil surged over concerns that oil tankers may not be able to get through the Strait of Hormuz. More financial stress could hurt Canadians amid an already fragile economy, if oil prices climb as quickly as they retreated. Global's Jacqueline Hansen has more. For more info, please go to https://globalnews.ca Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc Follow Global News on X HERE: http://bit.ly/1Toz8mt Follow Global News on TikTok HERE: https://www.tiktok.com/@globalnews.ca?lang=en #GlobalNews #gasprices #trump

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