Gas prices across Metro Vancouver have climbed above $2 per litre as of Sunday, driven by the U.S.-Israel conflict with Iran that disrupts global fuel supplies.
Current Local Prices
Prices in Vancouver averaged around 202.9 cents per litre on Sunday, with slight variations by location. Gas price tracking services forecast no changes for Monday.
Global Factors Driving the Spike
The ongoing war has effectively shut down the Strait of Hormuz, a vital route handling nearly one-fifth of the world’s oil shipments. This closure has propelled international oil prices to new heights.
Recent Trends in Vancouver
Average prices have risen steadily over the past few days, surging nearly 20 cents per litre since Thursday. This is the first time rates have topped $2 per litre since May 2024, based on fuel price records.
