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Iran Deal Signed: Will Canadian Gas Prices Finally Drop This Summer?

  Big news broke this week that could mean relief at the gas pump — eventually. The United States and Iran signed a landmark agreement on June 17, 2026, to end the war and reopen the Strait of Hormuz, the critical waterway through which roughly 20% of the world's oil supply flows. Oil prices have already dropped sharply. But for Canadians still paying elevated gas prices after months of Middle East conflict, the real question is: how much relief will we actually see, and when? What the Deal Actually Says The memorandum of understanding signed June 17 commits both sides to reopening the Strait of Hormuz to commercial traffic, ending the US naval blockade on Iran, and beginning 60-day nuclear negotiations. In exchange, Iran agreed to dilute its enriched uranium stockpile under supervision of the International Atomic Energy Agency (IAEA), which confirmed on June 18 it is ready to implement the deal. The deal does not resolve everything — Iran and the US still hold conflicting positio...
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Judge Rebukes Trump’s Lawyer for ‘Losing All Credibility’ in Hush Money Trial”

 

    

In a dramatic courtroom exchange, Judge Juan Merchan admonished former President Donald Trump’s lawyer, Todd Blanche, for what he deemed a lack of credibility during the ongoing criminal trial related to hush money payments. The trial centers around a 2016 payment made to adult film actress Stormy Daniels, allegedly to boost Trump’s electoral prospects.

Merchan expressed visible frustration with Blanche’s defense, stating, “You have presented nothing.” The judge further criticized Blanche’s assertion that Trump had carefully adhered to the gag order preventing him from publicly criticizing witnesses. “You’re losing all credibility with the court,” Merchan declared.

Blanche attempted to argue that Trump had not intended to violate the gag order, but Merchan remained unsatisfied. When Blanche suggested there were “two systems of justice” in the courtroom, referencing the imprisonment of Trump Organization CFO Allen Weisselberg, Merchan sharply responded, “Is that what you are saying?”

The contempt hearing intensified as Blanche defended Trump’s social media posts as mere responses to attacks, yet failed to provide clear examples. The trial continues to captivate the nation as it marks the first time a former U.S. president faces criminal charges.

Stay tuned for further developments in this historic case. 

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