Canadian Highlights Escalating conflict in the Middle East has sent oil prices parabolic. Major disruptions at the Strait of Hormuz leaves the near-term price outlook highly uncertain. Higher oil prices are a short-term boost for Canada’s energy sector and public revenues, but are already hitting consumers, with national gasoline prices up sharply on the week. […]The post The Weekly Bottom Line: Oil’s Well… Until it Isn’t appeared first on ActionForex.