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New Tensions Rise as Iran Warns of Possible Strikes on Regional Energy Sites

  Iran has issued a sharp warning that it may target regional energy infrastructure following recent threats from U.S. President Donald Trump over the Strait of Hormuz. The exchange marks a renewed escalation in a long‑running standoff over one of the world’s most critical maritime chokepoints. According to Iranian officials, any attempt to restrict Tehran’s access to the strait would be met with what they described as “direct and proportional” action. Energy facilities across the Gulf—central to global oil and gas supply—were specifically mentioned as potential targets if tensions continue to rise. The Trump administration has repeatedly criticized Iran’s activities in the region, warning of consequences should Tehran interfere with international shipping. The latest remarks from Washington prompted Iran’s response, which framed its position as defensive and tied to national sovereignty. Regional governments have expressed concern that even rhetorical escalation could unsettle...

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TSX and US Markets Rise Ahead of Earnings and Interest Rate Meetings

 


The Toronto Stock Exchange (TSX) and the US markets both posted gains on Monday, January 29, 2024, ahead of earnings and interest rate meetings. The S&P/TSX composite index closed up 74.78 points at 21,200.06. The Dow Jones Industrial Average was up 224.02 points at 38,186.08. The markets picked up steam in the afternoon as Treasury yields fell.


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