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Iran–U.S. Negotiations & Shipping Disruptions: What It Means for Your Wallet

  🔴 Breaking — This Morning President Trump posted on social media Saturday that a peace deal with Iran is "largely negotiated" and will be announced shortly. The Washington Post reports (May 25, 2026) that the U.S. and Iran are actively working toward a framework deal that would extend the ceasefire and reopen the Strait of Hormuz. Oil prices have already reacted — Brent crude fell more than 5% to around $98 a barrel on the news. After nearly three months of conflict, spiralling energy prices, and stalled talks, there is cautious optimism today that a diplomatic breakthrough between the United States and Iran could be imminent. But what exactly is being negotiated — and what does it actually mean for Canadians and consumers at the gas pump, the grocery store, and beyond? Here is everything you need to know, updated with today's latest developments. $4.51 U.S. avg. gas price/gallon — up 51% since the war began -5.2% Brent crude drop today on deal optimism (to ~$98/barre...
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Air India Flight Crashes in Ahmedabad: More Than 240 Aboard, Including Canadians

An Air India plane carrying more than 240 passengers, including Canadian nationals, has crashed in Ahmedabad, India. Authorities are currently investigating the cause of the accident, and emergency response teams have been deployed to the scene.  

Early reports indicate significant damage to the aircraft, though details on casualties and injuries remain unclear. The airline has assured that rescue and relief operations are underway, with officials working to provide timely updates.  

Family members and concerned citizens are anxiously awaiting further information, while global aviation authorities monitor the situation closely. The Canadian government is expected to release a statement regarding the safety and status of its nationals on board.  

This is a developing story. More details will follow as officials provide updates.

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