From Global News.

As the conflict in the Gulf escalates following the U.S. and Israel’s attack on Iran, observers are warning about the impact of oil price hikes across the globe due to the effective closure of the Strait of Hormuz – a crucial shipping route.

As the conflict drags on, it could have implications for Canadian households.

From the price you pay at the pump, to heating your home and putting food on the table, Global’s Anne Gaviola takes a closer look at what these hostilities could mean for your finances.

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