From Global News.
The International Energy Agency is taking unprecedented action to try to stabilize oil prices while the Strait of Hormuz remains effectively closed due to the war in Iran.
Typically, about 20 to 25 per cent of the world’s oil supply travels through the strait.
Heather Yourex-West explains how Canada could help with the release of 400 million barrels of oil and what experts are warning about if the conflict persists.
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