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Trump Signals Iran War Deal ‘Soon’ as Strait of Hormuz Stays Open, Easing Market Fears

                                   U.S. President Donald Trump said a deal to end the Iran war could come “soon,”   President Donald Trump said a deal to end the Iran war could come “soon,” a comment that helped calm global markets as the vital Strait of Hormuz remains open to commercial shipping. The waterway, which handles roughly one‑fifth of the world’s oil supply, has been a central concern for investors since the conflict began. With tankers continuing to move through the strait, oil prices have stabilized after weeks of volatility. Analysts note that even the perception of reduced risk in the region can ease pressure on global inflation, particularly in energy‑dependent economies like Canada. For Canadian households, a more stable oil market could help limit further increases in gasoline, transportation, and food costs. Equity markets reacted cautiously but positively,...
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U.S. Strikes Decimate Iranian Nuclear Sites, Trump Warns of "Far Greater" Consequences

In a dramatic escalation of tensions in the Middle East, former U.S. President Donald Trump announced that American airstrikes had "completely and fully obliterated" three of Iran’s key nuclear facilities. The strikes targeted the Fordow, Natanz, and Isfahan sites—locations long suspected of housing uranium enrichment operations.

Speaking from the White House, Trump hailed the operation as a “spectacular military success,” emphasizing that all aircraft involved had returned safely. He warned Tehran that any retaliation would be met with even more severe consequences, stating, “There will either be peace or there will be tragedy for Iran”.

Iran’s government confirmed the attacks but insisted its nuclear program would continue. Officials reported no immediate signs of radioactive contamination and accused the U.S. of launching a “dangerous war” in coordination with Israel, which has been engaged in its own military campaign against Iran for over a week.

The international community has responded with alarm. The United Nations is convening an emergency session, and European leaders have called for restraint amid fears of a broader regional conflict.

This marks the first direct U.S. military strike on Iranian soil in the context of its nuclear program—a move that could reshape the geopolitical landscape in the region.

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