Calgary Car Centre

Energy experts warn oil prices could surge much higher if the Strait of Hormuz remains closed and global reserves continue to shrink.

With Brent crude already nearing US$100 per barrel, executives from ExxonMobil and Chevron say tightening inventories and ongoing disruptions in the Middle East could push prices to between US$150 and US$160 per barrel in the coming weeks. Analysts point to the continued closure of the Strait of Hormuz — a critical route for global oil shipments — and dwindling stockpiles as key factors driving concerns over a potential energy crunch this summer.

Many Toronto soccer fans are being priced out of attending the 2026 FIFA World Cup despite matches being played in their own city.

With Canada’s opening World Cup match still showing tickets priced above $3,000, some local fans say the tournament has become inaccessible for ordinary supporters. Experts note that soaring ticket costs, expensive hotels, and higher travel expenses are making the event difficult to justify for many Canadians. As a result, some lifelong soccer fans say they'll be watching from afar rather than inside the stadium when the world's biggest tournament arrives.