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Will gas prices in Canada spike ahead of holiday road trips?

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An escalation in geopolitical uncertainty could result in price spikes at the pumps. This comes as people across Canada are set to hit the road to gather with friends and family this holiday season.

However, the price at the pump could play the role of the Grinch as oil prices rise given the current geopolitical uncertainty exacerbated by recent attacks on commercial vessels in the Red Sea. Oil prices have recently hit some of the highest levels.

Global's Anne Gaviola has more on what’s driving this trend.

For more info, please go to https://globalnews.ca/news/10181633/canada-gas-prices-2023-holidays/

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Category
U.S. & Canada
Tags
global news, gas prices, gas price hike
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