# BMO Capital Markets

Type: Company

Source: Climate Intelligence Brief — https://getclimatebrief.com/entity/bmo-capital-markets
Canonical HTML page: https://getclimatebrief.com/entity/bmo-capital-markets

## Recent coverage (1 stories)

### 33.2% gas price spike from Strait of Hormuz exposes fossil fuel dependency risks
2026-06-24 23:32:53 · Sentiment: Negative · Impact: 6/10 · Sources: 2

The Iran-driven Strait of Hormuz closure sent Canadian gas prices soaring 33.2% in May, exposing once again how geopolitical events in oil-producing regions can destabilize economies reliant on fossil fuels. As inflation hits 3.2% and energy costs ripple through transportation, the episode strengthens the economic case for accelerated energy transition investments. June's price retreat offers only temporary relief — the systemic vulnerability remains.
Full story: https://getclimatebrief.com/story/fossil-fuel-dependency-strait-of-hormuz-inflation-climate-energy-2026

---
This page is a machine-readable summary. Sentiment measures the directional read of each development for this entity, not the tone of the reporting; impact weights consequence, not syndication reach. See https://getclimatebrief.com/guides/methodology for the full editorial methodology.