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5 Things to Know Today: Oil Surges, Tariffs Land Tomorrow, Your Gas Tax Break Survives

  Monday, September 7, 2026 — Labour Day | Canadian Money Brief Markets are closed for the holiday, but the week ahead is loaded. Here are five things worth knowing before you head back to your desk tomorrow. 1. Oil Hits a Five-Week High as the Iran Conflict Escalates Crude climbed to $92.06 US/barrel on Saturday — up 17.75% over the past month and nearly 48% year over year — after Iran and the United States exchanged missile strikes this week. Israel's defence minister has threatened "crippling" attacks on Iran's energy infrastructure, the EU has formally joined the US-led sanctions campaign, and US Vice President JD Vance said Washington won't hold peace talks until Iran stops targeting ships in the Strait of Hormuz. What it means for you: Even with the federal gas tax break extended (see #4), pump prices track the price of crude itself. If your tank's getting low, filling up early this week may beat whatever the Strait of Hormuz situation does to prices by...
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Public Outcry in Israel: Calls for Elections and Hostage Release Deals

 


In a powerful display of public sentiment, thousands of individuals took to the streets of Tel Aviv on Saturday, voicing their dissatisfaction with Prime Minister Benjamin Netanyahu’s administration. The protesters’ demands were twofold: the immediate initiation of new elections and the urgent negotiation of a hostage release deal for those being held in Gaza.

The atmosphere of frustration is palpable among many Israelis, who are critical of the government’s handling of the conflict with Hamas. The protests underscore a growing impatience with the current leadership and a desire for change, as evidenced by the repeated calls for new elections.

The situation is particularly tense due to the ongoing negotiations concerning the release of dozens of hostages. The public’s demand for a swift and effective resolution to this crisis reflects the high stakes involved and the importance of the issue to the Israeli populace.

As the situation unfolds, the world watches to see how the Israeli government will respond to these pressing demands from its citizens.

 

 

 

 

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