🇨🇦 Canada Joins Hormuz Talks as Global Energy Crisis Hits Canadian Wallets Directly
Ottawa is joining UK-hosted talks on reopening the Strait of Hormuz as the Iran war continues to disrupt global oil flows — a strait through which roughly 20% of the world's oil supply passes. Canada participating in these negotiations while simultaneously lacking an independent energy export infrastructure to weather such disruptions is the core irony. A country sitting on some of the world's largest oil and natural gas reserves cannot insulate its own consumers from Middle Eastern supply shocks because it spent fifteen years blocking pipelines, strangling LNG development, and offshoring its energy sovereignty to foreign price-setters.
If Canada had built the export capacity successive governments promised and then killed, the Iran war would be a geopolitical concern rather than a household budget crisis. Instead, Canadian consumers are paying at the pump for decisions made in Ottawa boardrooms and climate conference halls. Now Canadian diplomats fly to London to ask other countries to help stabilize the energy supply Canada was too ideologically captured to secure for itself. Joining the talks is the right call. Needing to join them at all is the indictment.
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