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Gulf War Flare-Up: What the Latest U.S.–Iran Strikes Mean for Your Wallet

  The three-month-old war between the U.S.–Israel coalition and Iran escalated again this morning. Here's a plain-English breakdown of what happened — and what it means for your gas tank and grocery bill. What Happened on June 6? U.S. forces struck Iranian coastal radar sites on Saturday, June 6, after shooting down drones launched by Iran toward the Strait of Hormuz, according to the U.S. military. The U.S. military believes the four Iranian drones were targeting regional maritime traffic. U.S. Central Command said it struck Iran's surveillance sites in Goruk and Qeshm Island, both located on the Strait of Hormuz. Iran did not take that lying down: Iran's Revolutionary Guard Corps said it had targeted U.S. bases in Kuwait and Bahrain in retaliation and fired on four tankers attempting to cross the strait without its permission. U.S. forces also helped shoot down incoming Iranian missiles and drones directed at Kuwait and Bahrain — a barrage of seven ballistic missiles in t...
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Trump Rules Out Meeting with Carney Amid Tariff Tensions

                                               Canadian Prime Minister Mark Carney

U.S. President Donald Trump has dismissed the possibility of meeting Canadian Prime Minister Mark Carney in the near future, telling reporters aboard Air Force One that it will be “a long time” before the two leaders sit down again.

The comments come as both leaders travel through Asia for separate engagements. Trump, en route to Japan, reiterated his frustration over an anti-tariff television ad aired in U.S. markets by the Ontario government. In response, he threatened to impose an additional 10 per cent tariff on Canadian goods, on top of existing levies.

Carney, attending the Association of Southeast Asian Nations summit in Malaysia, is expected to address the escalating trade dispute later this week. His government has signaled that Canada remains open to dialogue, despite Washington’s decision to suspend trade talks.

The latest exchange underscores the growing strain in U.S.-Canada relations, with tariffs and political messaging fueling uncertainty for industries on both sides of the border.


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