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Oil Surges Toward $95 as Iran Conflict Escalates: Markets Update for July 22

  Wednesday, July 22, 2026  Canadian markets clawed back Monday's losses on Tuesday, but that relief is already under pressure this morning. Crude oil jumped past $94 a barrel overnight after an 11th straight round of U.S. strikes on Iran, and U.S. futures are pointing lower as investors weigh higher energy costs against a busy week of tech earnings. Here's what moved markets and what it means for your wallet. 🇨🇦 TSX: Snapping Back From a 12-Day Low The S&P/TSX Composite rebounded +408.76 points (+1.17%) to close at 35,369.08 on Tuesday, recovering most of Monday's 303-point drop that had pushed the index to a 12-day low. Energy and mining names led the bounce as commodity prices firmed, while financials — Monday's biggest drag — steadied. Index Close Change S&P/TSX Composite 35,369.08 +408.76 (+1.17%) Note: figures reflect Tuesday's (July 21) close, the most recent completed TSX session as of this morning's report. 🇺🇸 US Markets: Chip Stocks Carry...
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McDonald’s System Outages Reported Worldwide

 


McDonald’s, the global fast-food giant, faced widespread system outages on Friday, causing disruptions at many of its outlets across the world. The technical glitches led to temporary closures of some restaurants and prompted a flurry of complaints on social media platforms.

Reports of system outages spanned multiple countries, affecting operations in Japan, Thailand, and other regions. The company attributed the disruptions to a “technology outage.”  McDonald’s assured customers that they were actively working to fix the issues.

The chain clarified that the problems were unrelated to any cybersecurity incidents. Customers faced inconvenience due to restaurant closures and service interruptions. Social media platforms buzzed with complaints from patrons who encountered difficulties during their visits.

McDonald’s expressed regret for the inconvenience caused and assured customers that they were diligently addressing the technical hiccups.  The company’s teams worldwide were collaborating to restore normal operations swiftly.

While the system outages disrupted McDonald’s usual operations, the chain remains committed to resolving the issues promptly. As they work behind the scenes to fix the technology glitches, customers can expect a smoother experience in the near future.

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