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5 Things to Know Today: Oil Tops $100, Tariffs Take Effect, TSX Slides — Sept 9

  September 9, 2026 Here's what's moving markets and your wallet today — from a fresh oil shock to a stock that just had its worst week in months. 1. Oil Tops $100 a Barrel for the First Time Since July Brent crude broke back above $100 a barrel overnight after Houthi drones and missiles struck Saudi Aramco energy facilities in Jazan, Abha and Najran, wounding more than 70 people and halting operations at several sites. The attacks followed U.S. strikes on Iranian oil tankers over the weekend, deepening a Middle East conflict now in its seventh month. What it means for you: Ottawa's fuel excise tax pause (extended to Jan. 31, 2027) is holding, but it can't offset a rising crude price — CAA's national average sits at 179.9¢/L today, up from 170.5¢/L just five weeks ago. If your tank is low, fill it before this keeps climbing. 2. TSX Slides for a Second Straight Day The S&P/TSX Composite closed Tuesday at 36,123.05, down 390.75 points (-1.07%), its second consecu...

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Diplomatic Tensions Rise: Lebanon Rebukes Iran's Envoy Over Hezbollah Disarmament Remarks


Lebanon's foreign ministry has summoned Iran's ambassador to Beirut, Mojtaba Amani, following controversial remarks regarding Hezbollah's disarmament. Amani referred to the disarmament efforts as a "conspiracy," sparking diplomatic friction between the two nations.

The comments come amidst growing pressure on Hezbollah to relinquish its arsenal, especially after the 2024 conflict with Israel left southern Lebanon devastated. President Joseph Aoun is set to initiate discussions on disarmament, a topic long considered taboo due to Hezbollah's significant influence in Lebanese politics.

Lebanon's foreign ministry emphasized the importance of adhering to diplomatic protocols and respecting the sovereignty of states. This incident marks a rare instance of Lebanon openly criticizing Iran, given Tehran's historical support for Hezbollah.

The situation underscores the delicate balance Lebanon must maintain as it navigates internal and external pressures surrounding Hezbollah's role in the region.

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