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Oil Surges Past $103 as TSX Extends Losing Streak

  Markets are lower this morning as oil surges past US$103 and tech stocks remain under pressure, with the TSX coming off a fourth straight decline. Below is your ready-to-publish Canadian Money Brief update for April 29, 2026 , built from today’s market data and news. TSX slips as oil spikes and global tensions rise The S&P/TSX Composite opened at 33,584 , down 0.69% from yesterday’s close as weakness in tech and materials continues to weigh on the index. Rising geopolitical tensions and renewed uncertainty around the Iran conflict have pushed WTI crude above US$103 , lifting Canadian energy names but not enough to offset broader declines.  U.S. markets are also softer, with the S&P 500 down 0.49% and tech stocks retreating amid renewed AI growth concerns.  Oil rallies on OPEC turmoil Crude prices are up more than 3% , driven by the UAE’s announcement that it will exit OPEC and by expectations of prolonged supply disruptions tied to the Iran war.  ...
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British Journalist Sami Hamdi Detained in US Amid Israel Criticism Controversy

       
Sami Hamdi, a British Muslim journalist and political commentator, was detained by immigration authorities at San Francisco International Airport on Sunday morning.


British Muslim journalist and political commentator Sami Hamdi has been detained by U.S. immigration authorities after his visa was revoked during a speaking tour across the country. Hamdi, who had been addressing audiences on issues related to U.S. and Middle East policy, was taken into custody at San Francisco International Airport on Sunday, according to U.S. Immigration and Customs Enforcement (ICE).

The Council on American-Islamic Relations (CAIR) condemned the detention, describing it as a “blatant affront to free speech” and linking it to Hamdi’s outspoken criticism of the Israeli government’s actions in Gaza. Hamdi had spoken at CAIR’s Sacramento gala the night before his arrest and was scheduled to continue his tour in Florida.

A Department of Homeland Security spokesperson confirmed that Hamdi’s visa had been revoked and that he was being placed in immigration proceedings. Supporters argue that the move reflects political pressure from pro-Israel groups, while critics of Hamdi allege his rhetoric undermines U.S. national security.

The case has sparked debate over free expression, political dissent, and the limits of U.S. immigration enforcement. Advocacy groups are now calling for Hamdi’s immediate release and reinstatement of his visa.

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