From CBC News.

The war in Iran and the effective closure of the Strait of Hormuz have disrupted oil supply chains and pushed gas prices higher. Energy analyst Rory Johnston explains what an oil shock could mean for Canada’s economy. Also on the show: younger Canadians are craving ultra-spicy foods and restaurants are leaning in. Plus, why do services like haircuts keep getting pricier while TVs get cheaper? The ‘Baumol effect’ may explain it.

»»» Subscribe to CBC News to watch more videos: http://bit.ly/1RreYWS

For breaking news, video, audio and in-depth coverage: https://www.cbc.ca/news
Follow CBC News on TikTok: https://www.tiktok.com/@cbcnews
Subscribe to CBC News on Snapchat: https://bit.ly/3leaWsr
Subscribe to CBC News on WhatsApp: https://www.whatsapp.com/channel/0029Vb6MSjH9Bb63S9tbQa1Y

Download the CBC News app for iOS: http://apple.co/25mpsUz
Download the CBC News app for Android: http://bit.ly/1XxuozZ

»»»»»»»»»»»»»»»»»»
For more than 80 years, CBC News has been the source Canadians turn to, to keep them informed about their communities, their country and their world. Through regional and national programming on multiple platforms, including CBC Television, CBC News Network, CBC Radio, CBCNews.ca, mobile and on-demand, CBC News and its internationally recognized team of award-winning journalists deliver the breaking stories, the issues, the analyses and the personalities that matter to Canadians.