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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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Trump 2.0: The Dawn of a New Era


As President-elect Donald Trump prepares to reenter the White House, the world watches with bated breath. The first day of his second term is expected to be a whirlwind of executive actions and policy shifts. Trump has promised to sign a series of executive orders aimed at reversing many of the policies implemented by the previous administration. Key areas of focus will likely include immigration, trade, and energy.

On the immigration front, Trump is expected to take swift action to increase border security and expedite deportations. Trade policies will also see significant changes, with new tariffs on imports from countries like China, Europe, and Canada. These measures are aimed at protecting American jobs and industries but could lead to increased tensions with international trading partners.

Energy policy is another area where Trump is likely to make immediate changes. He has indicated a desire to roll back regulations on fossil fuels and withdraw from international climate agreements. This move is expected to boost domestic energy production but may face opposition from environmental groups and international allies.

As Trump embarks on his second term, the impact of his policies will be closely monitored. Supporters are hopeful that his actions will lead to economic growth and increased national security, while critics remain wary of potential negative consequences. The world is watching, and the stakes are high.



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