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How the Strait of Hormuz Crisis Is Hitting Your Wallet Right Now

Published May 17, 2026  |  Category: Oil Prices & Energy  |  By MoneySavings.ca If you've winced lately at the gas pump or noticed your grocery bill creeping up, you're not imagining it. A geopolitical crisis unfolding halfway around the world — at a narrow strip of water between Iran and Oman — is directly squeezing Canadian budgets. Here's everything you need to know, and what you can do about it. What Is the Strait of Hormuz? The Strait of Hormuz is a narrow waterway just 33 kilometres wide at its tightest point, connecting the Persian Gulf to the open ocean. Despite its modest size, it is the world's single most critical energy chokepoint. Before this crisis, roughly 20 million barrels of oil moved through it every single day — about 20% of all the world's seaborne oil supply, plus significant volumes of liquefied natural gas (LNG). Think of it as the world's energy jugular vein. When it gets blocked, the entire planet feels it. What Happened? On Februa...
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popular Christmas traditions in other countries

 

Christmas is celebrated in many different ways around the world. Here are some of the most popular Christmas traditions from different countries:

  1. Mexico: In Mexico, people celebrate Christmas with a nine-day celebration called Las Posadas. The celebration reenacts Mary and Joseph’s search for a place to stay in Bethlehem.
  2. Germany: Germans celebrate Christmas with a Christmas market called Christkindlmarkt. The market sells Christmas decorations, food, and gifts .
  3. Italy: In Italy, people celebrate Christmas with a feast called La Vigilia. The feast consists of seven fish dishes and is eaten on Christmas Eve .
  4. Sweden: Swedes celebrate Christmas with a feast called Julbord. The feast consists of traditional Swedish dishes such as meatballs, pickled herring, and Jansson’s Temptation .
  5. Japan: In Japan, people celebrate Christmas with a meal of fried chicken from KFC. This tradition started in the 1970s when KFC launched a marketing campaign called “Kentucky for Christmas!” .
  6. Australia: Australians celebrate Christmas with a barbecue on the beach. It’s a great way to enjoy the warm weather and the outdoors .
  7. Brazil: In Brazil, people celebrate Christmas with a feast called Ceia de Natal. The feast consists of turkey, ham, and other traditional Brazilian dishes .
  8. Greece: Greeks celebrate Christmas with a feast called Christougenna. The feast consists of traditional Greek dishes such as lamb, stuffed grape leaves, and spanakopita .

I hope you find these traditions interesting! 

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