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Gulf Tanker Attacks Intensify Amid Rising US‑Iran Tensions

  At least 150 tankers including crude and liquefied natural gas vessels dropped anchor in open Gulf waters beyond the Strait of Hormuz. A surge in regional hostilities has left at least three commercial tankers damaged and one seafarer dead off the Gulf coast, underscoring how quickly the US‑Iran confrontation is spilling into global shipping lanes.  What Happened The tankers were struck as Iranian retaliation followed US and Israeli military actions targeting Iran. The attacks exposed nearby merchant vessels to collateral damage , according to shipping officials.  More than 200 vessels , including oil and liquefied gas tankers, have now dropped anchor around the Strait of Hormuz , one of the world’s most critical energy corridors, as risk levels escalate.  Why It Matters The Strait of Hormuz is a chokepoint for global oil supply, and any disruption reverberates through energy markets. With Iran reportedly restricting navigation through the waterway, ship...
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TSX Ends Year on High Note Despite Recent Dip


Despite closing lower on the last trading day of the year, the Toronto Stock Exchange (TSX) is poised to record its best performance since 2021. The S&P/TSX Composite Index saw a 22% increase over the year, driven by strong performances from key sectors such as technology and healthcare.

While the final trading session saw a slight dip, investor sentiment remains optimistic as the TSX continues to reach new all-time highs. Analysts attribute this success to robust earnings reports and positive economic indicators, suggesting a promising outlook for the coming year.




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