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Your cost of living likely to go higher as Trump’s war-induced oil price hike seeps into Canadian economy
Summary by The Toronto Star
2 Articles
2 Articles
Your cost of living likely to go higher as Trump’s war-induced oil price hike seeps into Canadian economy
Economists say that while a price increase for oil and gas is welcome news in Canada's oil patch, the longer the war with Iran lasts the more likely inflation will
·Toronto, Canada
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US President Donald Trump has downplayed the rise in oil prices linked to the war with Iran, calling it a “small price to pay” for eliminating Tehran’s nuclear threat. In a post on the Truth Social platform on Sunday, Trump argued that the price hike would be temporary and would quickly subside when, as he said, the “destruction of the Iranian nuclear threat” is complete. “Short-term oil prices, which will quickly fall when the destruction of th…
Coverage Details
Total News Sources2
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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