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5 Things to Know Today: Oil Surges, Tariffs Land Tomorrow, Your Gas Tax Break Survives

  Monday, September 7, 2026 — Labour Day | Canadian Money Brief Markets are closed for the holiday, but the week ahead is loaded. Here are five things worth knowing before you head back to your desk tomorrow. 1. Oil Hits a Five-Week High as the Iran Conflict Escalates Crude climbed to $92.06 US/barrel on Saturday — up 17.75% over the past month and nearly 48% year over year — after Iran and the United States exchanged missile strikes this week. Israel's defence minister has threatened "crippling" attacks on Iran's energy infrastructure, the EU has formally joined the US-led sanctions campaign, and US Vice President JD Vance said Washington won't hold peace talks until Iran stops targeting ships in the Strait of Hormuz. What it means for you: Even with the federal gas tax break extended (see #4), pump prices track the price of crude itself. If your tank's getting low, filling up early this week may beat whatever the Strait of Hormuz situation does to prices by...
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Istanbul Protests Erupt Over Assassination of Hamas Leader Haniyeh


In a powerful display of solidarity, thousands of demonstrators marched through the streets of Istanbul today to protest the assassination of Hamas leader Ismail Haniyeh. The protestors, waving Turkish and Palestinian flags, voiced their outrage and grief over the killing.

Haniyeh, a key figure in Hamas’s international diplomacy, was assassinated in Tehran, an event that has escalated tensions in the Middle East and prompted threats of retaliation against Israel.

The march took place in Istanbul’s Fatih district, where participants held posters of Haniyeh and banners declaring, “Martyr Haniyeh, Jerusalem is our cause and your path is our path.” Chants of “murderer Israel, get out of Palestine” resonated through the crowd, reflecting the deep-seated anger and sorrow of the demonstrators.

Turkish President Tayyip Erdogan condemned the assassination, asserting that such actions would not deter the Palestinian struggle. The Istanbul protest is expected to be one of many in response to Haniyeh’s death, as the region braces for further unrest.



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