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Iran–U.S. Negotiations & Shipping Disruptions: What It Means for Your Wallet

  🔴 Breaking — This Morning President Trump posted on social media Saturday that a peace deal with Iran is "largely negotiated" and will be announced shortly. The Washington Post reports (May 25, 2026) that the U.S. and Iran are actively working toward a framework deal that would extend the ceasefire and reopen the Strait of Hormuz. Oil prices have already reacted — Brent crude fell more than 5% to around $98 a barrel on the news. After nearly three months of conflict, spiralling energy prices, and stalled talks, there is cautious optimism today that a diplomatic breakthrough between the United States and Iran could be imminent. But what exactly is being negotiated — and what does it actually mean for Canadians and consumers at the gas pump, the grocery store, and beyond? Here is everything you need to know, updated with today's latest developments. $4.51 U.S. avg. gas price/gallon — up 51% since the war began -5.2% Brent crude drop today on deal optimism (to ~$98/barre...

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Ontario Braces for Severe Weather: Blizzard Warnings and Damaging Winds

A powerful cold front is sweeping across Ontario, bringing with it damaging winds and blizzard conditions that have prompted widespread warnings. Environment and Climate Change Canada (ECCC) has issued blizzard warnings, wind warnings, and special weather statements for much of the province.

The hazardous mix of heavy snowfall and strong winds is expected to create dangerous driving conditions and reduce visibility. The eastern shores of Lake Superior and Georgian Bay, including communities like Wawa, Batchawana Bay, and Parry Sound, are likely to experience whiteout conditions and lake-enhanced snowfall.

In southern Ontario, including the Greater Toronto Area (GTA), wind gusts of up to 70-90 km/h are anticipated, with the potential for localized power outages. Motorists are advised to postpone non-essential travel and ensure their devices are fully charged if they must travel.

As temperatures drop overnight, residents can expect frigid conditions with wind chills making it feel even colder. Environment Canada urges everyone to stay informed about the latest weather alerts and to exercise caution when commuting.




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