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Oil Surges Past $103 as TSX Extends Losing Streak

  Markets are lower this morning as oil surges past US$103 and tech stocks remain under pressure, with the TSX coming off a fourth straight decline. Below is your ready-to-publish Canadian Money Brief update for April 29, 2026 , built from today’s market data and news. TSX slips as oil spikes and global tensions rise The S&P/TSX Composite opened at 33,584 , down 0.69% from yesterday’s close as weakness in tech and materials continues to weigh on the index. Rising geopolitical tensions and renewed uncertainty around the Iran conflict have pushed WTI crude above US$103 , lifting Canadian energy names but not enough to offset broader declines.  U.S. markets are also softer, with the S&P 500 down 0.49% and tech stocks retreating amid renewed AI growth concerns.  Oil rallies on OPEC turmoil Crude prices are up more than 3% , driven by the UAE’s announcement that it will exit OPEC and by expectations of prolonged supply disruptions tied to the Iran war.  ...

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Israeli Military Faces Scrutiny Over Gaza Aid Worker Deaths


The Israeli military has come under intense scrutiny following the killing of 15 aid workers in Gaza on March 23. According to an initial investigation, the military stated that the incident occurred due to a "sense of threat" after troops perceived danger in the area. Six of the individuals killed were identified as Hamas militants, the military claimed.

The emergency workers, including members of the Red Cross, Red Crescent, and United Nations, were reportedly shot while traveling in clearly marked ambulances and fire trucks with their lights on. This account contradicts the military's initial statement, which suggested the vehicles approached in the dark without markings.

The Palestine Red Crescent Society has called for an independent international investigation, labeling the attack a "full-fledged war crime" and highlighting repeated violations of international humanitarian law. The Israeli military has promised a deeper investigation to clarify the circumstances surrounding the incident.

This tragic event has sparked global outrage and renewed calls for accountability in conflict zones. The findings of the ongoing investigation will likely shape international responses to the incident.

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