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Oil Prices Are Spiking — Here's What It Means for Your Gas Tank and Grocery Bill

  Published July 17, 2026 Crude oil is trading near one-month highs this week, and if you've filled up your tank recently, you've probably already felt it. The culprit: an escalating conflict in the Middle East that's disrupting one of the world's most important oil shipping routes — and it's starting to show up at Canadian pumps and, eventually, on grocery store shelves. What's happening with oil prices West Texas Intermediate (WTI), the North American benchmark, has been trading around the $79–$80 per barrel range this week — up roughly 5% over the past month. Brent crude, the global benchmark that matters more for what Canadians pay at the pump, has been hovering near $85 per barrel, also near a one-month high. The spike traces back to renewed fighting between the U.S. and Iran. The U.S. reimposed a naval blockade on Iran and has intensified strikes, while Iran has responded with attacks on U.S. bases and threats to disrupt regional energy shipments further. ...
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Over 300 Dead After Flash Floods in Afghanistan

 


Flash floods resulting from unusually heavy seasonal rains in Afghanistan have claimed the lives of more than 300 people and destroyed over 1,000 houses, according to the United Nations food agency. The disaster struck the northern province of Baghlan, leaving devastation in its wake.

The floods, triggered by heavy rainfall, have wreaked havoc in the region. Zabihullah Mujahid, the chief spokesman for the Taliban government, confirmed the grim toll, stating that “hundreds have succumbed to these calamitous floods, while a substantial number have sustained injuries.” The situation remains dire as rescue efforts continue and communities grapple with the aftermath.

The World Food Agency is actively distributing fortified biscuits to survivors, providing essential sustenance during this crisis. The floods have disrupted lives, displaced families, and underscored the urgent need for disaster preparedness and response measures.

Our hearts go out to the affected communities, and we hope for swift recovery and support for those impacted by this natural disaster.


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