BONUS: How high could oil prices go? episode artwork

EPISODE · Mar 9, 2026 · 10 MIN

BONUS: How high could oil prices go?

from Cost of Living

The war in Iran and the effective closure of the Strait of Hormuz have interrupted critical oil supply chains. Now gas prices are rising. Energy analyst Rory Johnston, who writes the Substack Commodity Context, explains what an oil shock could mean for the Canadian economy, and what might happen next.

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BONUS: How high could oil prices go?

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