Canadian gas hits $2 a litre as Big Oil eyes $90billion windfall from Trump’s Iran war

Canadians are paying up to $2 a litre for gasoline after U.S. President Donald Trump’s war in Iran, while the country’s largest oil companies are poised to reap $90billion in windfall profits from the shock. North American analysts estimate prices will not return to prewar levels until mid2027 at the earliest, even with a ceasefire in place. The article ties the rise in oil and gasoline prices directly to the escalation of the U.S.-Iran war, citing heightened global supply concerns rather than routine geopolitical tensions or anticipated events.