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Gas Prices Decline in Canada's Maritimes Amid Ongoing Middle East Conflict
Regular gasoline prices fell across Nova Scotia, New Brunswick, and Prince Edward Island for the first time since late February. The reductions ranged from 4 to 8.4 cents per litre, with minimum prices reaching $1.787 in Halifax. The drop occurs as oil prices remain elevated due to stalled shipping in the Strait of Hormuz following the start of war involving Iran, the United States, and Israel.
Apr 11, 12:06 PM·1m read2 sources
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Gasoline prices in Canada's Maritime provinces decreased on Saturday for the first time in several weeks.
Diesel prices also decreased in the region.
The price reductions come amid elevated global oil prices.
An economics professor advised residents to take advantage of the current lower prices.
The professor's comments highlight potential future volatility tied to ongoing geopolitical tensions.
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