Oil prices could surge to $200 a barrel, Iran warns as war stretches on
Iran's military command said on Wednesday the world should be prepared for oil to hit US$200 a barrel, as three more ships came under attack in the blockaded Gulf.
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Iran's military command said on Wednesday the world should be prepared for oil to hit US$200 a barrel, as three more ships came under attack in the blockaded Gulf.
The LNG project in Kitimat, B.C., has exported five cargoes in the first 11 days of March, already exceeding half its total February volume, the LSEG data shows.
Iran launched new attacks against Israel and Gulf Arab countries, while Israel carried out airstrikes on Iran and Lebanon, where it is battling Hezbollah militants.
Abbas Omidi is one of 28 ‘senior officials’ of Iran’s regime immigration officers have found in Canada.
Global Affairs Canada said fewer Canadians are taking government-assisted travel options as flights gradually resume in parts of the region amid the ongoing Iran war.
The department said it is also seeing fewer Canadians take government-assisted travel options as flights gradually resume in certain parts of the region.
The war has sent oil prices surging, upending global travel, pushing airline tickets on some routes sky-high, and sparking fears of a deep travel slump.
U.S. Defense Secretary Pete Hegseth said the United States would carry out the most intense day of strikes against Iran on Tuesday.
The hub of Iraq’s northern Kurdistan region, Erbil is not involved in the Iran war but is being targeted anyway.
Trump said the war would continue until Iran is 'totally and decisively defeated' and predicted it would be over 'very soon,' but denied suggestions it could end this week.
G7 finance ministers said they were monitoring the situation and were prepared to implement 'necessary measures,' but stopped short of committing to release emergency reserves.
Canadian consumers are going to feel it in their wallets just about everywhere the longer the Iran war goes on, while some parts of the economy could see benefits.
Canada produced 32.8 per cent of the world’s total potash production in 2024, remaining the world's largest potash producer, according to Natural Resources Canada.
David McGuinty added that Canada has not yet decided to join its NATO allies in offering assistance to Persian Gulf nations that have come under attack by Iran.
The move came amid soaring global oil prices as the Iran war, now in its second week, ensnares countries and infrastructure critical to the production and movement of oil and gas.
Sustained pressure on oil prices could mean Canadians will pay significantly more at the grocery store by the end of this month, one expert said.
Also on Sunday, the Prime Minister's Office said Carney gathered the Incident Response Group with ministers and senior officials to discuss the ongoing war in Iran.
An investigative group says newly released video “appears to contradict” U.S. President Donald Trump’s claim that Iran was responsible for an explosion at an Iranian school.
Germany's finance ministry said on Monday that G7 finance ministers would meet later in the day to discuss the impact of the war in Iran.
Their camps under attack by Iran, Kurdish fighters based in Iraq are debating whether to join the U.S. and Israeli war against the Islamic republic.
Their camps under attack by Iran, Kurdish fighters based in Iraq are debating whether to join the U.S. and Israeli war against the Islamic republic.
A survey found a majority of Canadians want Andrew Mountbatten-Windsor to lose his claim to the throne, while 51 per cent say the Royal Family is not relevant to them personally.
Amid the war in Iran, Canadians continue to request help in leaving the Middle East. Global Affairs Canada says several flights, buses and pedestrian crossings have been arranged.
PST, the Norwegian police security service, called in additional personnel following the incident but has not changed the country's terror threat level.
Israel's military has so far killed about 200 Hezbollah militants, spokesman Nadav Shoshani said in an online briefing. Hezbollah has not published a toll for its fighters.
Canadians are returning home from the Middle East as escalating U.S.-Iran tensions disrupt travel and rattle global energy markets.
Canadians are returning home from the Middle East as escalating U.S.-Iran tensions disrupt travel and rattle global energy markets.
Iran's president apologized Saturday for attacks even as its missiles and drones flew toward Gulf Arab states. He also rejected Donald Trump's repeated demands for surrender.
The comments were notable coming from the leader of a member of the Commonwealth, all 14 of which would need to approve a change to the line of succession.
The U.S. says it has stuck a new agreement to provide up to US$20 billion in reinsurance coverage to 'restore confidence in maritime trade' amid the Iran war.