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Experts: Iran, the oil crisis and its economic impacts

gas station fuel pump
Published: 26 March 2026

The war in Iran and the blocking of the Strait of Hormuz have disrupted the international oil trade, resulting in a dramatic increase in fuel prices worldwide and energy crises in several African and Asian countries. Broader economic impacts are also being felt.

McGill experts are available to comment:

Sylvain Charlebois, visiting scholar in Food Policy and Distribution at McGill University, Professor in the Faculty of Management at Dalhousie University, can speak about the impact of the crisis on food prices.

sylvain.charlebois [at] dal.ca (English, French)

Julian Karaguesian, Faculty Lecturer, Department of Economics, can speak about international trade, Canada-U.S. relations and the wider economic impacts of the crisis.

Julian.karaguesian [at] mcgill.ca (English, French, German)

Saibal Ray, James McGill Professor, Desautels Faculty of Management can speak about supply chain issues and impacts on the price of oil.
Saibal.ray [at] mcgill.ca (English)

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