Skip to main content

Featured

5 Things to Know Today: Oil Tops $108, CPI Day, and the Investment Summit Kicks Off

  Monday, September 14, 2026 A busy Monday for your wallet: oil has punched through $108 a barrel on a second Middle East supply shock, Statistics Canada's August inflation report lands this morning, and Toronto is hosting the country's first-ever Investment Summit. Here's what's moving and what it means for you. 1. Oil jumps to a 4-month high after Saudi pipeline shutdown Brent crude touched roughly $108 a barrel and WTI neared $103 on Monday after Saudi Arabia shut down its East-West pipeline — a 7-million-barrel-a-day route that bypasses the Strait of Hormuz — following drone strikes near Medina. A planned Oman meeting between Iran and Gulf states to de-escalate Hormuz shipping tensions was also postponed over the weekend, removing a near-term path to calm. Both benchmarks are now up roughly 9% over the past week alone, and some bank forecasts flag $120 oil as back on the table if disruptions persist. What it means for you: Pump prices, which had been easing thanks ...
Post a Comment
Read more

article

Labels

Netanyahu Signals Resistance to Turkish Role in Gaza Security Plans

                                              Israeli Prime Minister Benjamin Netanyahu

Israeli Prime Minister Benjamin Netanyahu has indicated his opposition to the deployment of Turkish forces in the Gaza Strip as part of an international stabilization mission tied to a U.S.-backed ceasefire with Hamas.

Speaking in Jerusalem alongside U.S. Vice President JD Vance, Netanyahu discussed the “day-after” scenario for Gaza, emphasizing security arrangements in the war-torn enclave. While Washington’s plan envisions an International Stabilization Force to oversee the ceasefire and support reconstruction, Netanyahu suggested that Turkey’s involvement would be unacceptable to Israel.

The Israeli leader’s stance reflects long-standing tensions with Ankara, rooted in Turkey’s support for Hamas and its broader regional ambitions. Reports indicate Netanyahu has also sought to block Turkish companies from participating in Gaza’s reconstruction efforts.

Vice President Vance, however, struck a more optimistic tone, expressing confidence that the ceasefire would hold and that the groundwork was being laid for a more stable Middle East.

Netanyahu’s remarks underscore the challenges facing international mediators as they attempt to balance competing regional interests while securing Gaza’s fragile truce.


Labels:

Comments

Post a Comment