Oil Prices
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financeOil Surges 4 Percent As Iran Threatens Gulf Energy Targets
Brent crude hits $107 following Iranian threats against regional facilities. U.S. responses include policy waivers and Iraq export resumption amidst supply disruption fears.
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financeIran Conflict Sparks Oil Shock, Pressures BoC Rate Decision
Canada's central bank faces inflation risks from rising oil prices amid ongoing Iran conflict, as spring fiscal update looms. Markets await BoC's stance on rate cuts.
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financeBank of Canada Holds Rates Amid Global Oil Volatility
The Bank of Canada maintains benchmark rates at 2.25% as geopolitical tensions in Iran disrupt global oil markets and weigh on economic outlook.
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financeMoody's Warns US Recession Now 'Hard to Avoid' Amid Iran War
Moody's Analytics raises US recession odds above 50% due to surging oil prices, weak labor data, and Middle East conflict.
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financeAlberta Premier Danielle Smith Aims for Fiscal Balance Amid Oil Price Uncertainty
Premier Danielle Smith outlines plans to balance Alberta's budget with moderate oil prices and address infrastructure and healthcare challenges.
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financeMiddle East Conflict Sparks Rising Costs for Southeast Asian Businesses
Southeast Asian businesses face rising raw material and transport costs due to Middle East conflict, with price hikes impacting margins and operations.
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financeMarkets Nervous Ahead of RBA Rate Decision
Currency markets fluctuate as oil prices surge amid Iran war tensions, boosting the dollar while pressuring the yen and other majors ahead of key central bank decisions.
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worldTrump Delays China Trip Amid Iran Conflict
President Trump pauses visit to China over escalating Iran war, urging Beijing and allies to help reopen the Strait of Hormuz as oil prices surge.