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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 ...
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Netanyahu’s Stern Warning to Iran: “We Will Strike Back”

 

In a powerful address at the United Nations, Israeli Prime Minister Benjamin Netanyahu issued a stark warning to Iran. He emphasized that if Iran or its proxies attack Israel, there will be a swift and decisive response. “If you strike us, we will strike you,” Netanyahu declared, underscoring that there is no place in Iran beyond Israel’s reach.

Netanyahu’s speech comes amid heightened tensions in the region, with recent incidents involving drone and missile attacks directed at Israel. He made it clear that Israel is prepared to defend itself against any aggression, highlighting the country’s advanced military capabilities and readiness to act.

The Prime Minister’s remarks were aimed at deterring Iran from further provocations and reassuring the international community of Israel’s commitment to its security. As the geopolitical landscape continues to evolve, Netanyahu’s message serves as a reminder of the fragile balance of power in the Middle East 





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