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How much will the war in Iran spike oil prices?

How much will the war in Iran spike oil prices?

The world's most crucial oil corridor, the Strait of Hormuz, has been shut. The closure prevents the movement of roughly a quarter of the world's seaborne oil. How much will gas prices and inflation leap? And is it Canada's moment to pitch itself as a global oil superpower? 

The Current · CBC

March 5, 20268m 48s

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Show Notes

The world's most crucial oil corridor, the Strait of Hormuz, has been shut. The closure prevents the movement of roughly a quarter of the world's seaborne oil. How much will gas prices and inflation leap? And is it Canada's moment to pitch itself as a global oil superpower?