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5 Things to Know Today: Oil Slides, the TSX Rallies, and the Mortgage Rate Gap Widens

Here's what's moving your money today, Saturday, July 25, 2026. 1. Oil Slides on Hopes of U.S.-Iran Talks — Gas Prices May Ease Brent crude pulled back to around $95 a barrel on Friday, down from levels near $100 earlier in the week, after reports that Pakistan is working to broker a path toward peace talks between the U.S. and Iran. The retreat helped drag the national average pump price down slightly to about $1.80 a litre, according to CAA, after several weeks of sharp increases tied to Middle East shipping disruptions. What it means for you: If you've been holding off filling up, prices could keep drifting lower this week — but the situation remains fluid. Any fresh strike near the Strait of Hormuz or the Red Sea could reverse the trend just as fast as it eased. 2. TSX Closes the Week With a Broad-Based Rally The S&P/TSX Composite jumped 176 points Friday to close at 35,369.10, recovering most of Thursday's pullback. Gains were broad, with energy the only secto...
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Escalating Protests in Bangladesh Result in Over 20 Deaths and Hundreds Injured

 

The unrest started in July when students called for an end to a quota system that reserved 30% of government jobs for relatives of veterans. The situation escalated into widespread violence, prompting authorities to close schools and universities, block internet access, and impose a shoot-on-sight curfew. Despite these measures, the protests have continued, with demonstrators urging non-cooperation by not paying taxes or utility bills and not showing up for work.

In Dhaka, the capital city, protesters attacked Bangabandhu Sheikh Mujib Medical University, torching several vehicles. Police responded with tear gas to disperse crowds blocking major highways. The violence has spread to multiple districts, with reports of crude bombs being detonated and gunshots heard.

The ongoing clashes have resulted in significant casualties and widespread disruption, highlighting the deepening political crisis in Bangladesh.


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