Skip to main content

Featured

5 Things to Know Today: Oil Tops $108, CPI Day, and the Investment Summit Kicks Off

  Monday, September 14, 2026 A busy Monday for your wallet: oil has punched through $108 a barrel on a second Middle East supply shock, Statistics Canada's August inflation report lands this morning, and Toronto is hosting the country's first-ever Investment Summit. Here's what's moving and what it means for you. 1. Oil jumps to a 4-month high after Saudi pipeline shutdown Brent crude touched roughly $108 a barrel and WTI neared $103 on Monday after Saudi Arabia shut down its East-West pipeline — a 7-million-barrel-a-day route that bypasses the Strait of Hormuz — following drone strikes near Medina. A planned Oman meeting between Iran and Gulf states to de-escalate Hormuz shipping tensions was also postponed over the weekend, removing a near-term path to calm. Both benchmarks are now up roughly 9% over the past week alone, and some bank forecasts flag $120 oil as back on the table if disruptions persist. What it means for you: Pump prices, which had been easing thanks ...

article

Rebels Advance on Homs and Damascus as Assad's Forces Struggle to Hold Ground

 

Syrian rebels have intensified their assault on key cities, capturing Hama and advancing towards Homs and Damascus. The rapid rebel advance has caught government forces off guard, leading to a significant repositioning of troops to defend these strategic locations.

In recent days, rebels have seized control of several major cities, including Aleppo in the north and Hama in the center. The capture of Homs, Syria's third-largest city, would be a major blow to President Bashar al-Assad's regime. Thousands of residents have fled the advancing conflict zones, seeking safety in less volatile areas.

The Syrian military has launched airstrikes on rebel positions and sent reinforcements to fortify Homs. However, the rebels remain undeterred, claiming to control most of the south and advancing to within 50 kilometers of Damascus.

The international community watches closely as the situation unfolds, with concerns over regional stability and the potential for further escalation. The conflict, which began in 2011 as an uprising against Assad's rule, has already caused significant humanitarian crises and drawn in various external powers.

As the rebels continue their push, the future of Syria hangs in the balance, with the potential for significant shifts in power and territory.




Comments