Nova Scotians woke up to a jump at the pump for some fuel prices, relief on others.
The Nova Scotia Energy Board raise the per litre cost of regular self-serve gasoline by 1.4 cents at midnight on Friday to now sit at 175.8 cents.
In its weekly adjustment, the provincial regulator lowered diesel prices however to 235.8 cents.
That change denotes a drop of 4.5 cents per litre.
Every Friday, the NSEB adjusts fuel prices based on the global market price of oil, which has seen prices skyrocket over the past month due to the Iran war.
On Thursday, Wall Street fell to its worst drop since the Iran war began, with expectations of de-escalation negotiations between Washington and Tehran sending markets into disarray.
Shortly after Wall Street trading closed Thursday, U.S. President Donald Trump said he was postponing a threatened attack on Iran’s energy facilities as he further delayed, until April 6, a deadline for Iran to reopen the Strait of Hormuz, a critical waterway for oil and gas transport.
Oil prices fell again on Friday after earlier gains. Brent crude futures, the international standard, was down 1.1% to $100.77 per barrel. It was above $102 on Thursday.
One year ago in Nova Scotia, gasoline was 1.64 and diesel prices were 1.81.
With files from The Canadian Press