Source Feed: CBC News - Canada
Publication Date: April 12, 2026 - 04:00
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There's a silver lining in the Iran war ceasefire for Canada's oil and gas industry
April 12, 2026
The Iran war appears to have ended (if it has ended) with a settlement that neither fully opens the Strait of Hormuz nor keeps it fully closed. The lingering doubts about the Persian Gulf as a source of energy for Europe and Asia, especially if Iran succeeds in its goal of charging tolls for passage, could be good news for Canadian oil and gas — if disaster can be averted.
Unpublished Newswire
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