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Gulf on Edge as UAE Oil Hub Blaze Fuels Iran–US Tensions

  Smoke rises in the Fujairah oil industry zone, caused by debris after interception of a drone by air defences. A surge in regional tensions has followed a major fire at a UAE oil hub, sparked by debris from intercepted drones, as Iran vows retaliation for a recent U.S. strike on its Kharg Island oil facilities. The incident has intensified fears of broader conflict across the Gulf, with Iran warning that parts of the UAE could be considered legitimate targets.  A significant fire erupted at a major oil hub in Fujairah, United Arab Emirates, after debris from intercepted drones fell onto the facility, disrupting operations and sending plumes of smoke across the region. The blaze occurred amid escalating hostilities following a U.S. strike on Iran’s Kharg Island—Tehran’s primary oil export terminal. Iran responded with sharp warnings, declaring that U.S. “hideouts” within the UAE could be targeted as legitimate military sites. The threat came as Iran continued missile and d...

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Canadian Restaurants Face Tough Times as Diners Cut Back

Restaurants Canada report shows three in four Canadians are eating out less often due to the high cost of living.

Canada’s restaurant industry is feeling the squeeze as more consumers cut back on dining out amid rising living costs. A new report from Restaurants Canada reveals that three in four Canadians are eating out less often, with the number climbing to 81% among those aged 18 to 34.

The shift is driven largely by affordability concerns. Diners are seeking more value for their money, often turning to quick-service restaurants or choosing breakfast menus over pricier dinner options. At the same time, operators are grappling with soaring expenses: food, labour, and insurance costs have all risen by double digits.

The report highlights that as of June 2025, 41% of restaurants were either breaking even or operating at a loss. To cope, many businesses are raising menu prices, reducing staff, adjusting hours, or streamlining offerings.

Kelly Higginson, CEO of Restaurants Canada, called the trend “alarming,” warning that without relief, many establishments may struggle to survive.

Despite the challenges, the industry is adapting. Some restaurants are leaning into digital deals, loyalty programs, and lower-cost menu innovations to keep customers coming through the door.


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